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Lender Profits Rising, Association Says
Posted on November 2nd, 2009 No commentsIndependent mortgage bankers and subsidiaries made an average profit of $1,358 on each loan they originated in the second quarter, according to the Mortgage Bankers Association. That’s up from the first quarter, when profits averaged $1,088 a loan. Read more in the Business Journal of Milwaukee.
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Baird Hires New Wealth Management COO
Posted on November 2nd, 2009 No commentsMilwaukee-based Robert W. Baird & Co. named Denise Wypiszenski as managing director and chief operating officer of Baird’s private wealth management group. She works out of offices in Milwaukee and Chicago, supporting financial advisers and branch offices nationwide, the Business Journal of Milwaukee reported.
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Two Car Dealers Charged with Bank Fraud
Posted on November 2nd, 2009 No commentsTwo Tomah, Wis., brothers who ran a car dealership face up to 30 years in prison after being charged in U.S. District Court in Madison with bank fraud totaling more than $2 million, the Wisconsin State Journal reported.