National City introduces cooperative financing downstate

National Mortgage Professional

Jan 07, 2007

National industry appointments update - 1/4/2007MortgagePress.comNational mortgage industry positions • The Federal Deposit Insurance Corporation has appointed Sara A. Kelsey general counsel.

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Jan 07, 2007

Courts

Judge Dismisses CFPB Discrimination Lawsuit Vs. Chicago Lender

Townstone Financial & its owner accused of discouraging

A federal judge issued an order on Friday throwing out a discrimination claim against a Chicago-based lender and its owner over comments the owner made on a radio show. The Consumer Financial Protection Bureau had filed the lawsuit in July 2020 against Townstone Financial I...

Wholesale

Majestic Home Loan Abruptly Shuts Down

Calif,.-based wholesale lender reportedly closed on Jan. 31.

RMK Financial Corp., which also does business as Majestic Home Loan, has abruptly closed, according to posts on social media. The Ontario, Calif.-based wholesale mortgage lender “had to close their business due to a legacy issue,” according to a comment posted on LinkedIn ...