Housing Wire
FEBRUARY 6, 2024
FNB was involved in the case as a successor in interest of Yadkin Bank , which it acquired in 2017. The complaint alleges that, from 2017 through 2021, FNB failed to provide mortgage services to predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina.
Housing Wire
JANUARY 27, 2023
Top-producing loan officer Dave Medina and his team at the Temecula, California-based branch have left Fairway Independent Mortgage to join Movement Mortgage. Medina, who had been at Fairway since April 2017, said his team’s production is about $100 million annually.
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Housing Wire
AUGUST 30, 2021
Cadence Bancorporation , parent of Cadence Bank, reached separate settlements with the Department of Justice and the Treasury Department’s Office of the Comptroller of the Currency totaling over $8.5 The lender’s offices were concentrated in white neighborhoods, and nearly all of its loan officers were white.
Housing Wire
MAY 2, 2022
issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company reduced its origination to $2 billion in 2016 before shutting down altogether in 2017. Six months ago Interfirst Mortgage Co.
Housing Wire
NOVEMBER 23, 2021
will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.
Housing Wire
MARCH 29, 2024
Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I
Housing Wire
DECEMBER 16, 2021
The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels.
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