Brad Copeland has been named senior executive vice president and chief credit officer at Umpqua Bank, Roseburg, Ore., where he has overseen the bank's mortgage, credit quality, and special assets divisions since 2000.Mr. Copeland was most recently executive vice president and chief credit officer at the bank, which is a subsidiary of Umpqua Holdings Corp. Before joining Umpqua, he was EVP and credit administrator of VRB Bancorp and Valley of the Rogue Bank from 1998 until their merger with Umpqua in 2000, the bank said. Umpqua can be found online at http://www.umpquaholdingscorp.com.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
6h ago -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
10h ago -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24 -
The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24