Northstar Bank of Texas has announced the closure of a deal that gives the company a controlling interest in Goldome Financial, Inc. Through the acquisition, Northstar, a member of Carlile Bancshares, Inc., is set to expand its treasury management product line and mortgage division.
Read More »Flagstar Announces Executive Leadership Changes
In Michigan, Flagstar Bancorp, Inc. (FBC), and its subsidiary, Flagstar Bank (FSB) are starting the new year with an executive leadership shakeup. Recent changes included the promotion of Alessandro DiNello to president and chief administrative officer of FSB and Matthew Kerin to president of FSB's mortgage banking unit.
Read More »AmeriBid to Sell Medium Security Prison in 2013 Auction
In Bethany, Missouri, AmeriBid LLC is preparing to preside over the bank-ordered sale of a very unusual property--a medium security prison. Recently announcing plans for a sealed-bid auction in 2013, AmeriBid's regional director Don Gabriel put a positive spin on the proceedings, noting that the 14.56-acre spread was "a great opportunity to own a multi-use property between Kansas City and Des Moines."
Read More »CURT Owners Survey Indicates Capital Concerns for Construction
Collecting data from the company's 45-member Construction Users Roundtable (CURT), FMI released the results of its most recent study on the sector.
Read More »Economists Project Slower Pace for Florida’s Housing Recovery
In the Sunshine State, economists have revealed projections for 2013, and their outlook presents a positive, if somewhat sluggish, forecast for the region's housing market. According to experts from Florida Realtors and Fannie Mae, upward trends are set to continue in Florida, while the state's pace of recovery is expected to fall behind the national average.
Read More »Southwest Securities Adds Housing Finance Veteran as SVP
In Houston, Texas, Southwest Securities, Inc., has added a new senior leader for the firm's taxable fixed income unit. Appointing Bob Anderson as an SVP, Southwest Securities hopes to utilize the housing finance industry veteran's extensive experience to enhance its institutional sales operations.
Read More »Pacific Palisades Estate with Presidential Ties Lists for $4.999M
In Los Angeles, California, the Pacific Palisades home once belonging to the nation's fortieth president, Ronald Reagan, has hit the market for $4.999 million. Built in 1956, the property's environmentally-friendly design may be its most famous feature, as the luxurious estate has long been lauded as a forerunner of contemporary green housing concepts.
Read More »ALFN Adds Executive Position, Names Two New Leaders
The American Legal and Financial Network (ALFN) is expanding its leadership lineup. Adding a new executive position and naming two new appointees, the national mortgage banking trade group announced Christina Danovsky's promotion to SVP of business development, as well as the hiring of Cade Holleman to the recently-created role of assistant VP of government affairs and communications.
Read More »CNB Credits Technology for Successful Leap into Lending
Highlighting its strategic plans, Consumers National Bank cited its strong technology partners as the keys to successfully launching its mortgage unit.
Read More »FHLB of New York Announces Results of Board Elections
Releasing the results of the financial institution's board elections, the Federal Home Loan Bank of New York has announced updates to its directorship. Through the bank's electoral process, appointees were named for two independent director positions and two member director positions, from New Jersey and New York respectively.
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