Chrissi Rhea, the former president and CEO of Knoxville, Tennessee-based Mortgage Investors Group, passed away on Nov. 8 following a bout with cancer. Rhea co-founded Mortgage Investors Group with Chuck Tonkin in 1989 with seven employees. Today, the company employs...
The Home Depot (NYSE: HD) announced the passing of Bernard Marcus, the company’s co-founder and first CEO and chairman, at the age of 95. Born in Newark, New Jersey on May 12, 1929, Marcus was the youngest of four children born to Russian-Jewish immigrant parents. He...
David M. Gillece, a Baltimore-area real estate professional who achieved leadership positions in city development before becoming president of Colliers Pinkard, passed away on Aug. 17 at the age of 74 from Parkinson’s disease. According to a Baltimore Sun obituary,...
Bill Giambrone, the co-founder of Platinum Home Mortgage Corp. and the Community Home Lenders Association (CHLA), passed away on Aug. 5 at the age of 60. Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Thirty years later,...
Dominic Iannitti, the founder, president and CEO of DocMagic, the mortgage document services provider, passed away last Thursday due to complications from pneumonia. Iannitti created the business plan for DocMagic while he was a senior at Long Beach State (now...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
