Utah’s Security Home Mortgage and its parent company, Capital Community Bank, announced a strategic rebranding of their businesses to unify the financial institution under a single identity. Processing Content Beginning Aug. 17, the businesses will be known as Accordia Mortgage and Accordia Bank. Corporate leaders said the decision was driven by the company’s growth and […]
Security Home Mortgage, CCBank to rebrand as Accordia Read More »
Key insight: The Federal Reserve is considering whether it should voluntarily adhere to the Security and Exchange Commission’s new rule on central clearing for Treasury security transactions. Expert quote: “The clearing mandate does not apply to the Federal Reserve’s transactions. However, I believe the [Federal Open Market Committee] could make its open market operations more
Logan: Fed’s open market activities should be centrally cleared Read More »
Newrez and Synergy One have struck a deal that will impact both companies’ retail channels, as competition in that part of the market heats up. Processing Content The Rithm unit is refocusing on joint ventures and locally based lending in retail, while the American Pacific Mortgage affiliate takes on responsibility for that part of the
Newrez hands distributed retail reins to Synergy One Read More »