Neil P. Cullen has been named managing director and a member of the Office of the President of PW Funding Inc., the mortgage banking subsidiary of New York-based CharterMac.In addition, Mr. Cullen will oversee all the sales and marketing efforts for market-rate loan production for PWF, CharterMac said. He will join PWF's new office in Washington, D.C., and will share the responsibilities of the Office of the President with William Hyman and Kelly Schnur. Mr. Cullen was most recently principal and president of his own firm, The Cullen Cos., a Washington-based consulting company in the commercial and multifamily mortgage banking industry. CharterMac can be found online at http://www.chartermac.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









