The Federal Home Loan Bank of Atlanta has named Richard Dorfman, a former investment banker and mortgage market consultant, to be its new president and chief executive, effective June 20."Dorfman's extensive experience and knowledge in the financial services sector, including more than 25 years managing mortgage-related products, will be a tremendous asset to the bank," said board chairman Scott Harvard. The new FHLBank president was managing director and head of a mortgage division at ABN Amro from 1997 to 2005 and previously worked at Lehman Brothers. William Ott has served as interim president and CEO of the Atlanta FHLBank since Raymond Christman resigned. The bank can be found online at http://www.fhlbatl.com.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
3h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
7h ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
7h ago -
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
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