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Ted Tozer has been supportive of nonbanks' growing role in the government lending market, but focused on making sure they were compliant and financially sound.
BY Jacob Passy
As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis. The incoming Trump administration has not yet picked a successor.
The Federal Housing Administration program could see a $50 billion increase in single-family loan endorsements this year if a planned 25-basis-point annual premium cut goes into effect on Jan. 27.  more »
Bankers are trying to stop the Consumer Financial Protection Bureau from allowing consumers to rank how companies handle complaints on a one- to five-star scale and to publish narratives of consumer experiences in an online public database.  more »
Banks have started reconsidering how much they are willing to pay for low-income housing tax credits as expectations of a Trump tax cut surge, slowing down some projects already and threatening developers with heavier financing burdens.  more »
2017 Top Producers
National Mortgage News is now accepting submissions for the 2017 Top Producers, our annual ranking of mortgage loan officer and broker origination volume.
Take a look back at the loan officers who made the cut in the 2016 Top Producers.
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