Former Mortgage Bankers Association chairwoman Regina M. Lowrie has joined the advisory board of Salient Business Solutions, a leading provider of business process outsourcing services based in Gurgaon, India. Ms. Lowrie is currently the president and chief executive of Vision Mortgage Capital LLC, as well as RML Investments Inc., a consulting firm serving the financial services industry. Prior to forming Vision Mortgage Capital, she was president of Gateway Funding Diversified Mortgage Services. "The addition of Ms. Lowrie to the advisory board is a signal to the mortgage industry that Salient is developing a significant presence in the market," said Manoj Malhotra, chief executive of Salient Business Solutions. "The advisory board members regularly provide us with their domain expertise, and our executive team draws upon that experience when making strategic decisions and developing our road map for the expansion of the company. As we seek to expand our presence in the mortgage industry, Ms. Lowrie's insight will prove to be invaluable."
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
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.
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