Jan Sternin has been named senior vice president of commercial/multifamily at the Mortgage Bankers Association.Ms. Sternin will manage the association's Commercial/Multifamily Group and will be responsible for the development and implementation of regulatory policy, best practices, and industry standards for the commercial/multifamily sector, the MBA said. Ms. Sternin has over 25 years of experience in banking, finance, real estate, and loan servicing. She previously served as senior vice president of Midland Loan Services Inc. and has worked with numerous governmental agencies in the valuation, restructuring, and liquidation of troubled assets and insolvent institutions, the MBA said. The association can be found online at http://www.mortgagebankers.org.
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In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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The consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
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The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11








