The Mortgage Bankers Association has promoted Jay Brinkmann to be the trade group's chief economist and senior vice president for research and economics. Mr. Brinkmann joined the MBA in 2001, and the economist has been in charge of research for much of that time. He previously worked at Fannie Mae in the portfolio strategy and credit pricing areas. He replaces Douglas Duncan, who left the MBA in February to be Fannie's chief economist. Mr. Brinkmann has a Ph.D. in finance from Purdue University and a master of business administration from Tulane University.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
7h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
8h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
9h ago -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
10h ago -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
10h ago -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
11h ago









