Wendy Worcester has joined Thompson National Properties LLC, Irvine, Calif., as chief administrative officer. Ms. Worcester had been consulting for various start-up companies on forecasting, planning, accounting, and fundraising since 2007, Thompson said. She was previously chief financial officer at Rent.com from its start-up until its acquisition by eBay in 2005, and she held various positions with financial institutions such as Bank of America, Hawthorne Savings, and Ernst & Young. Thompson National, a provider of real estate investment opportunities and asset management services, can be found online at http://www.tnpre.com.
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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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