Paul R. Allen has been named chief executive officer of Taylor, Bean & Whitaker Mortgage Corp., a wholesale lender based in Ocala, Fla.A veteran of more than 25 years in the mortgage industry, Mr. Allen comes to TBW from Oakmont Advisors LLC, an Oakton, Va.-based consulting firm of which he was founder and president. He was previously executive vice president and chief financial officer at North American Mortgage Co. Mr. Allen began his career as a senior economist at Freddie Mac, where he became a divisional vice president. He later joined Fannie Mae as vice president of financial consulting for its Single Family Business Division. Mr. Allen will join TBW chairman Lee Farkas and president Ray Bowman on the company's executive committee. TBW can be found online at http://www.taylorbean.com.
-
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
7h ago -
Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
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.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
July 7








