Greg Sayegh has been promoted to senior vice president of national retail lending at Washington Mutual Inc., the Seattle-based WaMu has announced.The announcement of the promotion came at the annual meeting of the National Association of Realtors. Mr. Sayegh was most recently the company's area sales manager for the Southwest. He previously served as senior vice president and director of wholesale lending at American Savings Bank, which was acquired by WaMu in 1996. The company can be found online at http://www.wamu.com.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
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The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
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The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
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A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
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The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
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