David Kittle, the immediate past chair of the Mortgage Bankers Association, has joined IMARC, a mortgage auditing firm based in Santa Ana, Calif. A senior director at IMARC, Mr. Kittle will manage the firm's Washington office and will be responsible for government and industry relations as well as the development of client services. Before climbing to the top of the MBA leadership ladder, Mr. Kittle was president and chief executive officer of Principle Wholesale Lending in Louisville. After leaving his MBA post, he joined another former MBA chair, Regina Lowrie, at Vision Mortgage Capital, where he was executive vice president. He continues to serve on the MBA board. IMARC's clients are publicly traded mortgage investors and insurers.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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