TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 12, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Dustin Cosper has been appointed head of commercial real estate. He will report to Madison Simm, president of real estate, who leads the bank’s commercial real estate, mortgage finance and homebuilder and community finance lines of business. Cosper … Read more
On October 3, Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced the completion of its previously announced acquisition of and merger with Roscoe-based Roscoe State Bank. The merger results in the formation of Cornerstone Capital Bank, which will hold more than $380 million in regulatory capital and greater than $1.5 … Read more
Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, recently announced the launch of Texas Capital Securities, its affiliated broker dealer. Texas Capital Securities is a member of Financial Industry Regulatory Authority and Securities Investment Protection Corp. and is registered with the U.S. Securities and Exchange Commission, Texas State Securities Board and … Read more
On December 16, the Texas Finance Commission appointed Hector Retta the new commissioner of the Texas Department of Savings and Mortgage Lending, effective February 1, 2022. Retta, who lives in El Paso, will serve as the 10th commissioner of the department. He previously served as president, CEO and vice chairman of Capital Bank SSB in … Read more
Moulton-based SouthStar Bank recently announced several promotions. Larry D. Weisinger was promoted to branch executive at the bank’s Bee Cave location. With nearly two decades in banking, he previously served as senior vice president of lending. He will continue specializing in mortgage loans, including traditional home loans, portfolio loans and construction financing. Weisinger is a … Read more
Danbury, Connecticut-based Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage and tech-driven fulfillment solutions, recently announced that it has hired Savita Ilango as chief financial officer. A financial industry veteran, she brings unique perspectives for helping Promontory MortgagePath continue both on its growth trajectory and toward achieving its mission of changing the way … Read more