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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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 -
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 -
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 -
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.
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