Venture West Names Prez

Published January 29, 2004, 3:00 p.m. EST

1 Min Read

Scott Braly has been named president of Venture West Funding Inc., El Segundo, Calif., which specializes in apartment, single-family, and commercial mortgage loans.Mr. Braly was formerly president and chief executive officer of Hawthorne Financial Corp. and Hawthorne Savings, whose turnaround from near insolvency he orchestrated, Venture West said. He was previously president and CEO of Valley Federal Savings and Loan and chief operating officer and chief financial officer of Bel-Air Savings and Loan.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM NATIONAL MORTGAGE NEWS

Secondary markets

Ginnie Mae pauses delinquency rules amid FHA waterfall shift

The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule change from broader market trends.

By Bonnie Sinnock
Capital Markets Editor

April 24
Earnings

Flagstar pares back earnings outlook amid elevated CRE payoffs

The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate.

By Allissa Kline
Reporter

April 24
Housing markets

Prepayments hit 4-year high after mortgage rates eased

Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.

By Spencer Lee
Technology Reporter

April 24
Earnings

Hilltop's PrimeLending cuts pretax losses by over 70% in 1Q

But in its earnings release, parent company Hilltop Holdings warned its full year 2026 results are going to be impacted by things outside of its control.

By Brad Finkelstein
Originations Editor

April 24
Trump administration

Justice Department to drop Powell investigation

U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement.

By Claire Williams
Reporter

April 24
Originations

Study finds racial gaps in Wells Fargo mortgage denials

The bank denied Black, Latino and Asian mortgage applicants roughly twice as frequently as white applicants in North Carolina, according to a study from the Americans for Financial Reform Education Fund.

By Colin McNamara
Reporter

April 24

Load More