Robert E. Story Jr. has been named president of Seattle Financial Group, a family-owned mortgage banker that comprises Seattle Mortgage, Seattle Savings Bank, Reverse Mortgage of America, and other brands.Mr. Story began his career in 1980 as a construction manager and has served in "all functions of residential production," the company said. He serves on the board of directors of the Mortgage Bankers Association. Seattle Financial said former company president Randy Weber has accepted the position of vice chairman. The company can be found on the Web at http://www.seattlefinancialgroup.com.
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The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
58m ago -
An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
58m ago -
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21 -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21 -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
April 21








