Mortgage industry veteran Ed Abufaris has been named national sales director for correspondent lending at CitiMortgage, St. Louis.CitiMortgage said Mr. Abufaris has nearly three decades of experience in the mortgage business, including 13 with CitiMortgage. He will oversee the sales organization, which has been reorganized into three geographical divisions from four, the company said. Mr. Abufaris was most recently division manager for CitiMortgage's Southeast Division. He began his career with Fidelity Federal Savings and Loan in Florida. He later managed secondary marketing for First Atlanta Mortgage, followed by 10 years as capital markets manager with MGIC.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




