Vestin Group, a Las Vegas-based commercial mortgage lender and asset manager, has reported the resignation of Steve Byrne as chief operations officer and director of the company.The resignation is effective Nov. 30. Mr. Byrne has resigned to "pursue other interests," according to Vestin. Steve Stern of Stern & Co., Vestin's public relations representative, said Vestin is not looking for a successor at the moment, but will be "at some point." He declined to comment further.
A Florida appraiser faces decades in prison after taking another's identity and claiming he conducted on-site inspection reports while based abroad.
Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
