PremierWest Bancorp, Medford, Ore., has announced the selection of PHH Mortgage as a strategic partner in providing mortgage services to the bank's customers.Jim Ford, president of PremierWest Bancorp and PremierWest Bank, said the alliance will enable customers to apply for a loan "via their channel of choice, including personal loan officers in PremierWest branches, through the Internet 24 hours a day, or by telephone." All loans will be serviced by PHH Mortgage, Mt. Laurel, N.J. The companies can be found on the Web at http://www.premierwestbank.com and http://www.phh.com.
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Chad Smith departs the lender in a transition phase, after helping Better to generate 2.5 times growth in total revenue and funded loan volume since 2024.
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The Federal Housing Finance Agency has barred 51 people from working with Fannie Mae and Freddie Mac this year, the most suspensions in any calendar year.
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Fannie Mae seller guide update SEL-2026-08 includes a definition of present, residential and subordinate use cases in the new context of highest and best use.
September 7 -
The law, which went into effect in late 2025, led MBA lawyers to call New Jersey "the most expansive and aggressive disparate-impact regime in the nation."
September 7 -
Bob Marseilles joined Evergreen Moneysource to get the wholesale unit going following starting the TPO unit for First Tech Federal Credit Union.
September 7 -
Along with a 25% increase in production, Vishal Garg's scheme aims for monthly revenue growth of $7 million and a reduction of cash burn from $4 million to $0.
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