The Mortgage Bankers Association has added the title of senior vice president to the title of Angela Lazear, who continues to serve as the association's chief financial officer. Ms. Lazear will be responsible for overseeing the development of the association's budgets, accounting, treasury, technology infrastructure and information systems. John Courson, the MBA's chief operating officer, said "Angela's leadership has been critical in the financial strategies and practices of the MBA during this important period for our industry." Ms. Lazear joined the MBA in 2000 and previously served as executive director for the National Rural Electric Cooperative Association.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









