The Mortgage Bankers Association is losing yet another lobbyist, the second such departure in the past week. The trade group confirmed to NMN that Meghan Sullivan, who specializes in state mortgage-related legislation, will be leaving at the end of June. She holds the title of director of state legislative affairs. Her departure leaves MBA with just one manager to oversee state bills: Chris Oswald. The trade group said it has lobbyist/consultants "on the ground" to represent it in state capitals. "These are not staff people but consultants," she said. Earlier this week it was revealed that Francis Creighton, MBA's liaison on Capital Hill, was leaving to take a job with a Congressman. MBA will hire a replacement for Ms. Sullivan.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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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.
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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.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
April 17








