twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.

$2 Billion Originator Names CEO

Blenn Fujimoto named CEO, president

April 20, 2010

By staff

A mortgage banker that originated nearly $2 billion last year has new president and chief executive officer.

The announcement was made yesterday by Honolulu-based Central Pacific Financial Corp.

Blenn A. Fujimoto was named president and CEO of Central Pacific HomeLoans Inc., which operates as a unit of subsidiary Central Pacific Bank.

In December, Central Pacific announced it would wind down California mortgage operations, though it had not originated in the state since mid-2008.

Today's statement indicated that Fujimoto would concentrate on building home-loan production in Hawaii.

Central Pacific reported $1.9 billion in residential production for 2009 and $1.5 billion for 2008. Fourth-quarter 2009 fundings were $0.4 billion, better than $0.3 billion in the same period a year earlier.

Fujimoto resigned his vice chairmanship of Central Pacific Financial and his role as vice chairman of Central Pacific Bank's Hawaii market. Both of his former roles will be eliminated.

He has a 29-year banking career, and he started the home loans unit in August 2005.

Central Pacific said on March 26 that Dean K. Hirata will resign as vice chair and chief financial officer of Central Pacific Financial and Central Pacific Bank in May. A search for his replacement has commenced.

John C. Dean, who was appointed Central Pacific's executive chairman last month, said in the statement that the company is operating with a "flatter and leaner management structure."

Central Pacific news

next story

back to current headlines

Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders