Francis Creighton, a top lobbyist for the Mortgage Bankers Association, is departing the trade group to take a job on Capital Hill, National Mortgage News has learned. A source familiar with the matter said Mr. Creighton, a vice president who is MBA's top liaison with elected officials, has accepted a chief of staff position with Rep. Chris Murphy, D-Conn. He informed the trade group of his plans last Friday. He will officially depart MBA within a few weeks. Mr. Creighton was promoted to VP in late 2006. He previously served as director of government affairs for MBA. During his career he also worked as a legislative director to Rep. Steve Israel of New York.
-
Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
June 12 -
The changes provide standardized appraisal guidance in advance of a mandatory compliance date to a new reporting format in November this year.
June 12 -
Provident Bank says My Mortgage used a $10 million line of credit to fund dozens of ineligible, dilapidated properties and sold them to their own employees.
June 12 -
OneTrust Home Loans says its employees secretly used Floify to funnel loans to brokerage E Mortgage Capital, which were then funded by the wholesale giant.
June 12







