Marie Head has been named president and chief executive officer of Prudential Huntoon Paige, the FHA lending group of Prudential Mortgage Capital Co., Newark, N.J.Ms. Head joined Prudential in 2000 via its acquisition of WMF Huntoon Paige Associates, where she was senior vice president for Federal Housing Administration loan production in the South. She previously worked for the Department of Housing and Urban Development for 20 years, including a stint as HUD's multifamily production chief, the company said. Prudential Mortgage Capital, the commercial mortgage lending business of Prudential Financial Inc., can be found online at http://www.prudential.com/mortgagecapital.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25