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.
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GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
35m ago -
New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
35m ago -
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
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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.
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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 -
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.
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