Barbara Alexander, one of three Freddie Mac directors the Federal Housing Finance Agency left in place after the company was placed into a conservatorship, will step down from the GSE's board once her term ends in March. She is currently chairwoman of the business and risk committee and serves on the compensation and executive committees. Since 2004, Ms. Alexander has been an independent consultant. Before that, she was a senior advisor at UBS Warburg LLC and managing director of the North American construction and furnishing group in the corporate finance department at UBS. She is also an executive fellow at the Joint Center for Housing Studies at Harvard University.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
36m ago -
Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
40m ago -
Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
1h ago -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
8h ago -
The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said.
April 16 -
While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
April 16







