Robert L. Hiatt has been named executive vice president and chief financial officer of United Financial Mortgage Corp., Oak Brook, Ill.Mr. Hiatt was most recently vice president of finance and chief accounting officer for an unnamed publicly traded health care company. Before that, he was employed for nine years at the now-defunct Arthur Andersen accounting firm. UFMC can be found on the Web at http://www.ufmc.com.
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
