Nicholas G. Hahn has been hired as chief financial officer of Vertical Lend Inc., a financial services company based in Melville, N.Y., that boasts several mortgage-related units.Mr. Hahn was most recently CFO at DeepGreen Financial, an Internet-based mortgage bank. He was previously an executive vice president at Countrywide Home Loans. David Peskin, Vertical Lend's chief executive officer, said Mr. Hahn will help the company expand its reverse mortgage, remote loan origination, and lead generation programs. The company can be found on the Web at http://www.verticallend.com.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
10h ago -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
10h ago -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
11h ago -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
April 21 -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
April 21 -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
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