George Miller, deputy general counsel of The Bond Market Association, is stepping down from that post in order to step up to his new position as executive director at one of the association's affiliates, the American Securitization Forum.An ASF spokeswoman said she had no immediate comment on how the move would affect the work Mr. Miller has been responsible for at the association. The Bond Market Association is a trade group that has long worked to promote best-practices guidelines for sell-side debt market participants. The ASF is a newer affiliate that more specifically focuses on U.S. securitization market issues and has a broader membership that includes buy-side as well as sell-side market participants. The memberships of both groups include mortgage industry professionals. TBMA can be found on the Web at http://www.bondmarkets.com.
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After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said.
December 12 -
For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.
December 12 -
Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
December 12 -
The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.
December 12 -
The Department of Housing and Urban Development announced the FHA-insured loan caps for low- and high-cost areas, which are set based on conforming loan limits.
December 12 -
Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
December 12





