Washington Mutual Consumer Group has promoted a regional vice president to the position of senior vice president of retail lending in the Southwest United States region and Hawaii.The former regional VP, Lenny McNeill, will be responsible for directing and managing more than 50 retail home loan centers, with a combined employee base of about 700 employees, loan consultants and account executives in California, Arizona, New Mexico, Nevada, Colorado, Utah and Hawaii in his new role. Washington Mutual can be found online at http://www.wamu.com.
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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.
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
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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.
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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.
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The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
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A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2









