Andy Morris has been named executive vice president and commercial real estate director at The South Financial Group Inc., Greenville, S.C. Mr. Morris, most recently an executive vice president at Regions Bank, spent 30 years with SouthTrust Bank and Wachovia (following its acquisition of SouthTrust in 2004). At SouthTrust, Mr. Morris built and led their commercial real estate line of business. At Wachovia, he served as the regional manager for commercial real estate activities in Florida, Alabama, Tennessee, Mississippi, and Louisiana.
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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 -
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 -
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 -
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.
September 24









