Paragon Financial Corp., Ponte Vedra Beach, Fla., has announced the signing of All-Star second baseman Davey Johnson to a multiyear deal under a recently announced marketing plan that involves teaching the mortgage business to current and former athletes.Mr. Johnson, now the coach of the U.S. Olympic baseball team, will operate from Paragon's Orlando, Fla., office and play a key role in opening new Florida offices in New Smyrna Beach, Daytona Beach, and Ormond Beach, Paragon said. He was a four-time All Star and three-time winner of the Gold Glove award while playing for the Baltimore Orioles. Mr. Johnson was the manager of several major league teams and led the New York Mets to the 1986 World Championship. He joins hockey great Phil Esposito in the new Paragon marketing plan. The company can be found on the Web at http://www.pgnf.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









