Real estate industry veteran David Miller has been named executive vice president of national sales at the Real Estate Solutions division of Fidelity National Financial Inc., Jacksonville, Fla.FNF, a provider of products, services, and technology to the financial and real estate industries, said Mr. Miller will focus on cultivating the division's broker-based business, as well as forming alliances with national real estate franchises and regional "mega brokers." A 30-year veteran of the residential real estate industry, Mr. Miller was most recently executive vice-president and chief business development officer for First Team Real Estate in Orange County, Calif. He was previously senior vice-president of national sales at Cendant Real Estate Division, and he served "in a strategic capacity" at Coldwell Banker, FNF said.
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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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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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