Neil Levin, former chairman of the Federal Home Loan Bank of New York, is missing and presumed deadin the wake of last week's terrorist attacks on the twin towers of the World Trade Center. Mr. Levin,who chaired the New York bank from 1988 to 1994, was executive director of the Port Authority of New York and NewJersey. The authority, which managed the complex, had offices in the towers. Mr. Levin, 46, had a long career infinancial services, including stints on Wall Street and Capitol Hill, where he served as legislative counsel toformer New York Sen. Alfonse D'Amato, who chaired the Senate Banking Committee. Mr. Levin also served as New Yorkbanking commissioner. The FHLB-NY, which was housed at 7 World Trade Center, lost its headquarters in the attacks,but as previously reported, all 120 of its employees were safely evacuated.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
September 9 -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
September 9 -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
September 9 -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
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