Wilshire Financial Services Group Inc., Beaverton, Ore., has announced the resignation of Bruce A. Weinstein as executive vice president and chief financial officer.Wilshire said Mr. Weinstein resigned "to pursue other interests." Stephen P. Glennon, the company's chief executive officer, has assumed the post of CFO on an interim basis, the company said. Wilshire Financial, the parent company of mortgage servicer Wilshire Credit Corp., can be found on the Web at http://www.wfsg.com.
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Christopher J. Gallo, formerly of NJ Lenders Corp., generated billions of dollars in loan volume over a five-year stretch that prosecutors scrutinized.
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The Wall Street Journal reported federal whistleblower allegations exist, citing unnamed sources and viewed documents, but the firm said it has seen no proof.
July 30 -
The homebuilder's net income for the second quarter was half of what it was a year ago but a seasonal lift improved results relative to the first quarter.
July 30 -
Fintech GoodLeap is buying homeowner relationships for renovation loans with rewards and originators competing on rate alone may be behind.
July 30 -
The American Bankers Association, Bank Policy Institute and Securities Industry and Financial Markets Association submitted comment letters to the Securities and Exchange Commission arguing that a proposed change to Form S-3 eligibility would make it more difficult for some banks to access the capital markets.
July 30 -
The mortgage technology unit of Intercontinental Exchange reported a return to profitability in the second quarter, as revenues continued their recent rise.
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