Carlos Evans has been named head of wholesale banking at Wachovia Corp., Charlotte, N.C., for various business segments, including real estate financial services.Mr. Evans assumes responsibility for Wachovia's Wholesale Bank after five years as head of the company's commercial banking segment and more than 30 years of experience in wholesale banking, Wachovia said. In addition to real estate financial services, he will lead Wachovia's commercial, business, and community banking segments and its dealer business. The company can be found online at http://www.wachovia.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 -
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 -
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 -
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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