Brian Levy, senior vice president and general counsel of Milwaukee-based Shelter Mortgage, has been elected chairman of the Real Estate Services Providers Council, a Washington, D.C.-based trade association.Other newly elected RESPRO officers are: vice chair, Arthur Sterbcow, president of Latter & Blum Inc. Realtors, New Orleans; president, Susan E. Johnson, RESPRO; secretary, Stephen D. Morrison, Wells Fargo Mortgage Corp., Des Moines, Iowa; and treasurer, George Eastment III, Long and Foster Real Estate Inc., Fairfax, Va. The organization can be found on the Web at http://www.respro.org.
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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









