Weststar Financial Services Corp., Asheville, N.C., has announced the formation of the Bank of Asheville Mortgage Co. LLC.Rod Caldwell, formerly a vice president with Carolina First Bank, has been named president of the new company, which has offices in Asheville and South Asheville. A third office, in Hendersonville, will open soon, the company said. Mr. Caldwell is a 30-year veteran of the mortgage banking industry, Weststar Financial said. Weststar is the parent company of The Bank of Asheville, which can be found on the Web at http://www.bankofasheville.com.
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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.
July 3 -
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.
July 2 -
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.
July 2 -
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 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









