Inlanta Mortgage Promotes Paul Buege to Company President

NationalMortgageProfessional.com

Feb 27, 2018

Inlanta Mortgage Chairman John Knowlton has announced the promotion of Paul Buege to the role of President. Buege is currently Inlanta’s Chief Operating Officer, and will continue those responsibilities. Nicholas DelTorto will remain as company CEO.

“I am proud to announce Paul’s promotion to President,” said Knowlton. “It has been a privilege to work with and get to know him over the past five years. Paul and his team have developed a premier service platform for our loan originators and consumers. He is dedicated to Inlanta and the continued growth and success of our company.”

Inlanta announces this move as they celebrate 25 years in the mortgage business.

“Our senior management team has positioned us for a solid future,” said DelTorto. “We have worked together for many years and that continuity in leadership translates into a consistent focus on improving our platform, performance for the branches, and highest level of progressive services and technology for our referral partners and consumers.”

Knowlton said, “Paul has done outstanding work in developing a sales and service accountability culture at Inlanta. Our ‘mortgage banking for grown-ups’ approach allows the true mortgage professional to operate using their personally developed skills to build on their success.”

Link copied

Published

Feb 27, 2018

Regulation and Compliance

Fitch Places Fannie, Freddie On Negative Ratings Watch

Ties credit rating to outcome of U.S. debt limit negotiations.

As negotiations over raising the federal debt ceiling drag on, the lack of a deal is starting to have side effects. Late Thursday, Fitch Ratings announced it had placed Fannie Mae’s and Freddie Mac’s debt ratings on Ratings Watch Negative (RWN). The announcement followed Fi...

Operations

JPMorgan Chase To Cut 1,000 Jobs At First Republic Bank

Acquired the bank earlier this month after it was seized by federal regulators.

Less than a month after acquiring failed First Republic Bank, JPMorgan Chase & Co. plans to reduce the bank’s staff by 15%, or about 1,000 workers. According to published reports, the nation’s largest bank by assets on Thursday offered full-time or temporary roles to ne...