Phil Dandridge has been named chief financial officer of Secured Funding, a Costa Mesa, Calif.-based retail and wholesale lender specializing in second mortgages.Mr. Dandridge has more than 20 years of experience in the financial industry, the last seven of them as CFO of Edison Capital, Secured Funding said. He plans to expand Secured Funding's sources of capital to ensure that it has the resources needed for continued growth, the company said. Secured Funding can be found online at http://www.securedfunding.com.
-
Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
2h ago -
Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
3h ago -
The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
June 22 -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
June 22 -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
June 22 -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
June 22









