The first MISMO Staff Appreciation Award has been presented to Ted Adams, director of industry standards at Freddie Mac and chair of the Core Data MISMO Workgroup.Gabe Minton, vice president of industry technology at the Mortgage Bankers Association, lavished praise on people like Mr. Adams during the presentation at the 92nd annual MBA convention. "We would not be where we are today without these heroes," he declared. The award is hand-picked and ratified by the board of MISMO -- the Mortgage Industry Standards Maintenance Organization -- to recognize a member that has contributed to the standards effort above and beyond the call of duty. Next year, two staff appreciation awards will be given out, one for residential and the other for commercial. MISMO can be found online at http://www.mismo.org.
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The top five producers had an average dollar loan volume of more than $140 million in 2023.
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The threats to companies loom as borrowers face soaring homeowners insurance costs, ex-Ginnie Mae head Ted Tozer explains.
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After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
April 22 -
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
April 22 -
A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
April 22