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.
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An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
57m ago -
The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
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The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21 -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21 -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
April 21








