Affordable housing veteran G. Allan Kingston has been named the new chairman of the National Housing Conference, Washington.The first NHC chairman from California, he also is president and chief executive officer of Century Housing Corporation in Los Angeles where to date he has directed real estate financing and development programs adding over 11,000 units of affordable housing in 120 developments across the city's metropolitan area. Mr. Kingston takes the reins from J. Michael Pitchford of Bank of America who now is the immediate past chairman after serving as chairman for three years. Among other things, Mr. Kingston is praised for initiating "More Than Shelter," a funding option for inner city developments that combines housing with after-school, tutoring/college prep programs, transitional housing for homeless veterans, child care, and other services.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
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However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
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OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
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President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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