Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer

Stockton Mortgage recently announced that it has appointed Christy Soukhamneut as its new chief strategy and innovation officer. Soukhamneut brings more than 20 years of executive leadership experience across independent mortgage banks, banks and credit unions — including prior roles with University Federal Credit Union, Texas Capital Bank and Flagstar Bank. She continues to serve […]

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Bank regulators issue guidance on credit risk for unauthorized workers

Federal banking regulators on Monday issued guidance to remind financial institutions of their existing obligations for managing credit risk when lending to borrowers who are not legally authorized to work in the U.S. The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corp. (FDIC) and the National Credit Union Administration (NCUA)

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Cornerstone Capital Bank expands retail mortgage presence by adding Daryl Wizelman Team

Cornerstone Capital Bank and its mortgage lending division, Cornerstone Home Lending, have added veteran mortgage executive Daryl Wizelman and The Wizelman Team, expanding the lender’s retail mortgage operations. Wizelman joins Cornerstone after more than 35 years in mortgage banking and financial services. He was the president and owner of United Pacific Mortgage for more than 17

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