ViewPoint Bank, Plano, Texas, has hired former Chase Mortgage executive Ed Bratton to lead its mortgage subsidiary, ViewPoint Bankers Mortgage. Mr. Bratton, who has more than 25 years of mortgage banking experience, will carry the official title of president and CEO. He worked for Chase Mortgage for the past 20 years, recently serving as regional vice president for Texas and other western states. He is also a past president of the Dallas Mortgage Bankers Association. ViewPoint Bankers Mortgage operates 16 loan production offices throughout Texas.
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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 -
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.
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 -
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.
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