Patricia Ann Milon has left Fannie Mae to become chief legal officer and senior vice president for regulatory affairs at America's Community Bankers.Ms. Milon worked at Fannie Mae for seven years as vice president and deputy general counsel for regulatory, legislative, and charter compliance issues. "Patty is recognized as a top-notch lawyer with great expertise in the banking field and a thorough understanding of the issues that matter to our members," said ACB president Diane Casey-Landry. "She will be an extraordinary addition to the ACB senior management team." Ms. Milon also worked at the U.S. Treasury Department as senior counsel for financial institutions.
-
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
3h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
3h ago -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
3h ago -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
6h ago -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25