The Mortgage Bankers Association has hired Bill Killmer as senior vice president of legislative and political affairs, effective July 5. His appointment as chief lobbyist on Capitol Hill comes as the residential finance industry is at a crossroads, poised for the largest changes, perhaps, in its history. Killmer will be directly responsible for the development and implementation of legislative and political strategy for the trade group which has lost several hundred members during the mortgage crisis. He joins MBA from the National Association of Home Builders, where for the past 20 years he worked in a variety of senior positions including chief lobbyist.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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