Kathleen Brown, a former California treasurer and Democratic candidate for governor, has been appointed to the board of directors of Countrywide Financial Corp., Calabasas, Calif.Ms. Brown is currently a senior adviser on public finance for Goldman, Sachs & Co. She has also worked as an attorney in the Capital Markets Group of O'Melveny & Myers and as a member of the Investment Management Group of Bank of America. In the political arena, Ms. Brown was California state treasurer from 1991 through 1994 and was defeated in the 1994 California governor's race by the then-incumbent governor, Pete Wilson. She is the sister of Oakland Mayor and former California Gov. Jerry Brown. Countrywide can be found on the Web at http://www.countrywide.com.
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Credit risk transfers, a means by which banks can move risk off their balance sheets, earned considerable bipartisan support in a House Financial Services subcommittee hearing Wednesday.
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The addition of HELOCs at SoFi comes alongside the launch of a new advisory group, as the company heightens its focus on real estate lending.
April 22 -
The enterprises also still plan to add FICO 10T but the release of the historical data stakeholders in their market can use to assess it has taken longer.
April 22 -
Builder mortgage units saw Q1 profit slides (NVR down 17%) despite an 11% rise in new home loan applications. Overall homebuilder net income dropped, and sales incentives remain high.
April 22 -
Toll Brothers' purchase of Buffington Homes of Arkansas will extend its national outreach with a strong presence in northwest Arkansas, the company said.
April 22 -
Treasury Secretary Scott Bessent on Wednesday defended cuts to the Community Development Financial Institution Fund in the president's 2027 budget, telling the Senate Appropriations Committee that the program had pursued a "partisan wish list."
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