Fred Miller Jr., president and chief executive officer of the Bank of Anguilla (Miss.), has been elected chair of the board of directors of the Federal Home Loan Bank of Dallas.The FHLBank also announced the election of Pat Brister, a councilwoman for St. Tammany Parish in Mandeville, La., as vice chair. Mr. Miller, who joined the board in 1997, succeeds Henry Flores, whose term expired Dec. 31. Mr. Miller has been president of the Bank of Anguilla since 1986, and he is a past president of the Mississippi Bankers Association. Ms. Brister was named to the board in 2002 as a public-interest director. Until recently, she and her husband operated a company in Mandeville for more than 30 years, the FHLBank said. The Dallas FHLBank can be found online at http://www.fhlb.com.
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More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
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Seller-impersonation attempts more than doubled in two years, with artificial intelligence providing fraudsters new tools to commit crimes, a report said.
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Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
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Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
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NAF Insurance customers save $719 on average, Phil Miller, senior vice president of strategic partnerships at New American said.
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Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
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