Brand Development releases new sales and marketing strategy

Feb 28, 2007

BankUnited expands residential lending lineMortgagePress.comResidential mortgages BankUnited Financial Corporation (BFC) has introduced its Growth and Advancement by Investing in Neighborhoods (GAIN) mortgage product, targeted to low- to moderate-income, first-time homebuyers and meant to expand community redevelopment initiatives. With GAIN, borrowers can obtain loan amounts of up to $417,000, 6 percent seller concessions with 100 percent loan to value and no minimum contribution from the borrower. GAIN also offers a 40-year term, low mortgage insurance requirements and no income limits on low- to moderate-income tracks. Coral Gables, Fla.-based BFC is the holding company for Florida-based banking institution BankUnited FSB. For more information, call (877) 779-2265 or visit www.bankunited.com.

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Feb 28, 2007

Courts

Jury Finds loanDepot Not Guilty Of Alleged Fraud

The jury reached a unanimous verdict in the company’s favor

The legal dispute between Irvine-based nonbank loanDepot and its former chief operating officer (COO) Tamara “Tammy” Richards finally came to a close on February 7, 2025, after a unanimous jury verdict was returned in the company’s favor. Richards, who is now COO of Kind ...

People On The Move

loanDepot Promotes Phil Iossa To Regional VP Of In-Market Sales

Iossa will oversee New York tri-state area in new role

loanDepot has appointed Phil Iossa as the regional vice president of in-market retail for New York, Connecticut, and New Jersey territories, the company announced in a press release. LDI Mortgage President Jeff Walsh noted, “Phil has consistently demonstrated his ability ...