The Bond Market Association has appointed Robbin Conner as its new staff advisor to the association's mortgage-backed securities and securitized products division.Mr. Conner, who will hold the title of vice president and assistant general counsel, "has extensive business and legal experience in the securitization markets, including [collateralized debt obligations] and other key areas of focus for the MBS and securitized products division," according to the association's associate general counsel, Lynnette Hotchkiss. Mortgage-related areas at the association that Mr. Conner will oversee include MBS fails and nontraditional mortgage products. The Bond Market Association can be found on the Web at http://www.bondmarkets.com.
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Of the 15 states most affected by natural disasters, California and Florida had the highest non-renewal rates in 2024, a Weiss Ratings study found.
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The deal will help drive development at Mortgage Cadence, which had been a unit of Accenture, and enable new integrations and automation, according to leaders.
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A regulation requiring nonbanks to report violations of local and state orders to federal offices was redundant and offered no benefit, mortgage leaders said.
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Mortgage loan application volume jumped 7.1% on a seasonally-adjusted basis last week, the Mortgage Bankers Association said.
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Shareholders' equity topped $105 billion as net income rose 16% from the previous quarter and nearly matched year-ago results.
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The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
October 29





