Joseph Stanganelli has been named national broker sales executive for the recently established broker origination channel of Thornburg Mortgage Inc., Santa Fe, N.M.The company said Mr. Stanganelli's primary responsibility will be the development of the broker sales channel. Mr. Stanganelli comes to Thornburg from Bank of America, where he held senior vice president positions in BoA's National Wholesale Affinity Group and its Northeast and Eastern wholesale divisions. Among his previous employers in his 24 years in the mortgage industry were Fleet Mortgage and Plaza Home Mortgage, Thornburg said.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




