Deloitte & Touche, New York, has hired investment banking veteran Brenda White to head its consumer and financial services department.Ms. White joins the accounting firm from B. B. White & Co., an advisory boutique that she launched a few years ago. During her career on Wall Street she has been a managing director at UBS and Salomon Brothers, working on several large mortgage banking-related acquisitions. She will split her time between D&T's New York and northern New Jersey offices. A few weeks ago, Fannie Mae, which is mired in an accounting scandal, hired D&T as its independent auditor. The firm also has been working for the Office of Federal Housing Enterprise Oversight, conducting a special forensic investigation of the troubled government-sponsored enterprise.
-
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
8h ago -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
9h ago -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18 -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18