The Mortgage Bankers Association has named Catherine Cruz Wojtasik associate vice president of legislative affairs. Among other duties, Ms. Wojtasik will focus her efforts on commercial mortgage issues as they affect MBA's members. She joins the trade group from Popular, Inc. where she served as vice president and director of government affairs. She will report to Francis Creighton, MBA's vice president and chief lobbyist.
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.
Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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.
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.
Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.