Lise Van Susteren, a Maryland psychiatrist and the wife of Mortgage Bankers Association president Jonathan Kempner, is expected to run for the Maryland Senate seat being vacated by Sen. Paul Sarbanes, D-Md., the ranking minority member on the Senate Banking Committee.As of MortgageWire's deadline, Mr. Kempner had no comment. Ms. Van Susteren is also the sister of CNN news personality Greta Van Susteren. Sen. Sarbanes will retire when his term ends next year. Ms. Van Susteren is expected to officially announce her candidacy Sept. 1. Two well-known Democrats, former Congressman Kweisi Mfume and Rep. Benjamin Cardin of Baltimore, are also candidates for the Democratic nomination.
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The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
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The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24 -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
April 24 -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
April 24 -
The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24