The Mortgage Bankers Association has announced the promotion of Steve O'Connor to senior vice president of government affairs, the post previously held by Kurt Pfotenhauer, who is leaving the MBA to become chief executive officer of the American Land Title Association.Mr. O'Connor will be responsible for managing the public policy and advocacy efforts of the association. He was previously senior vice president of public policy. Mr. Pfotenhauer will take the reins at ALTA on Jan. 7. The organizations can be found on the Web at http://www.mortgagebankers.org and http://www.alta.org.
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AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
2h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
2h ago - 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









