Governor Abbott Appoints Green to Finance Commission of Texas

On June 27, Texas Governor Greg Abbott announced the appointment of Marty Green, principal at the law firm Polunsky Beitel Green (PBG), to the Finance Commission of Texas, the body that regulates the state’s consumer credit, banking and mortgage lending activity. Widely recognized as one of the nation’s foremost legal authorities on residential mortgage lending, … Read more

National Bank & Trust Promotes Martinez, Schattle and Rhodes

Tracy Harris, president and CEO of La Grange-based National Bank & Trust, recently announced several promotions. Jennifer Schattle, CIA, has been promoted to assistant vice president, BSA/AML officer and assistant compliance officer. She previously served as compliance specialist. As BSA/AML officer, she is responsible for the implementation and administration of all aspects of the Bank … Read more

Cornerstone Home Lending to Acquire Roscoe State Bank

Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced that it has signed a definitive agreement to acquire Roscoe-based Roscoe State Bank. These two family-owned companies with nearly 150 years in business will combine to create an organization holding approximately $2 billion in assets and more than $300 million in equity … Read more

Promontory MortgagePath Hires Sloan to Manage National Mortgage Operations

Connecticut-based Promontory MortgagePath LLC, a provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, has hired industry veteran Theresa Sloan as managing director, national mortgage operations. She will lead the company’s national strategy for mortgage fulfillment while partnering with internal stakeholder groups to develop its growth and fintech strategy. Sloan comes to Promontory MortgagePath … Read more