The Mortgage Bankers Association has announced the election of Robert E. Story Jr., president of Seattle Financial Group, as chairman of its Residential Board of Governors and Robert H. Griffith, senior vice president at Bank of America, Charlotte, N.C., as vice chairman.The MBA also named 22 newly elected members of RESBOG, the 60-member governing body for the MBA's residential/single-family members, responsible for identifying legislative and regulatory policies on single-family residential lending and for making recommendations to the MBA's board of directors. The announcements were made at the association's 93rd Annual Convention & Expo in Chicago.
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First Mortgage Co., a long-defunct lender led by convicted executive Ron McCord, blamed the advisory firm for his failure to accept a $20 million offer.
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About two-thirds of respondents to a NewDay survey said their education about the benefit was lacking either during their time in the service or afterwards.
April 20 -
Banks are pushing back on the Consumer Financial Protection Bureau's draft of a five-year strategic plan, which includes a notable pullback from supervising nonbanks.
April 20 -
Over half of all second-home inventory in the U.S. is concentrated in just eight states, with Florida leading the pack, according to analysis by NAHB.
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Certain affiliates of Blue Owl will acquire all outstanding shares of common stock of the healthcare-focused real estate investment trust for $30.38 per share.
April 20 -
A new EquityProtect scorecard finds 16 states have no deed fraud laws, leaving homeowners vulnerable as real estate fraud losses topped $275 million in 2025, with seniors bearing the heaviest financial burden.
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