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.
-
The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
1h ago -
The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
8h ago -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
9h ago -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
9h ago -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
10h ago -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
11h ago









