Frank Cassidy

Former FHA Commissioner Frank Cassidy reveals his next step

Frank Cassidy at a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington. Photographer:Eric Lee/Bloomberg Former Federal Housing Administration Commissioner Frank Cassidy has announced his return to his roots in a role that will allow him to build on his experience in government and private industry. Processing Content In his position as senior […]

Former FHA Commissioner Frank Cassidy reveals his next step Read More »

Matthew Sosik.JPG

New England bank merger adds opportunity for mortgage unit

A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate.  Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded

New England bank merger adds opportunity for mortgage unit Read More »

Redwood Trust’s 2Q non-QM volume gains mask other declines

Redwood Trust’s mortgage origination businesses reported lower aggregate volume versus the first quarter, although one unit showed remarkable strength. Processing Content The Aspire non-qualified mortgage segment had $2.1 billion of lock volume, up 32% from the first quarter, noted Christopher Abate, CEO. “Our mortgage banking businesses continued their momentum in the second quarter, with aggregate

Redwood Trust’s 2Q non-QM volume gains mask other declines Read More »