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.
- 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.
June 18










