Michael McMinn has been named national broker sales executive of Thornburg Mortgage Inc.'s recently developed broker origination channel.Thornburg, based in Santa Fe, N.M., said Mr. McMinn will head the national expansion effort of its broker sales network. Joseph Badal, Thornburg's senior executive vice president, said the wholesale channel "has significant growth implications" for the company. Mr. McMinn was most recently vice president for wholesale mortgage lending in Wells Fargo's Western Region, and he has more than 25 years of experience in the mortgage industry, Thornburg said. Thornburg Mortgage, a real estate investment trust that focuses mainly on the jumbo segment of the adjustable-rate mortgage market, can be found online at http://www.thornburg.com.
-
In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
43m ago -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
11h ago -
The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
11h ago -
Equity is entitled to a little over $70,000 worth of damages.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27 -
Deferrals are up but still haven't outpaced loan modifications in conservatorship-era foreclosure prevention, according to the Federal Housing Finance Agency.
March 27