Tag Archives: Mortgage Banking

Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm and promotes A. Drew Powers to the role of Managing Partner of the firm’s National Evictions Team.

This month, the Women’s Mortgage Banking Collective (WMBC) unveiled its new logo. This collective was formed in April 2018 to bring together women in all roles and levels in the mortgage banking community to educate, connect, and empower women, and was co-founded by Stacie Rankey and Toni Bramley.

Alterra Home Loans, a minority-owned mortgage bank based in Las Vegas and with a presence in 26 states, announced Monday the addition of Tom Middleton as SVP of Business Development and National Expansion.

Chase has made some significant changes to its mortgage banking division in the last few months, and those changes seem to be paying dividends.

The Mortgage Law Firm (TMLF Hawaii) recently added Derek Wong, an attorney with over 30 years' experience practicing law in Hawaii, as a senior attorney at the firm.

The PNC Financial Services Group's residential mortgage banking division faced losses at the start of the year due to losses related to mortgage servicing rights and lower loan sales.

Overall, the bank's earnings exceeded expectations for Q4, but the mortgage banking division posted a disappointing quarter.

Mike Weinbach has been with the bank for 12 years, during which time he has served in many roles.

Bank of America originated $17 billion worth of first-lien residential mortgage loans and home equity loans in Q1, which helped the bank's net income rise to $3.4 billion for Q1. The Charlotte, North Carolina-based bank also reported a 45 percent year-over-year decline in the number of first mortgage loans serviced by its Legacy Assets unit that were 60 or more days delinquent, down to 153,000.

Prominent mortgage banking attorney David Stein has joined Ohio-based law firm Bricker & Eckler as part of the firm's Consumer Financial Services and Litigation practice groups, Bricker announced recently.