David Barkley, director of e-commerce relations at Freddie Mac, has been re-elected to chair the Governance Committee of the Mortgage Industry Standards Maintenance Organization.Lisa Bolelli, vice president of program management of First American Corp., has been re-elected a vice-chair of the panel, and Adam Hall, manager of information technology and Web development at IndyMac Bank, has been elected the other vice chair, MISMO reported. The committee also elected or re-elected the following members: Craig Foote of Fidelity Information Services, Mike Bixby of Info1/LandAmerica, Todd Luhtanen of Dynatek, Ed Ransden of CitiMortgage, and Ty Jenkins of DocuTech Corp. MISMO, which was established by the Mortgage Bankers Association, develops electronic commerce standards for the mortgage industry. Its Governance Committee, which oversees the organization's administration and policy development, consists of representatives of 16 MISMO subscriber organizations from a cross-section of the residential real estate finance industry. The members serve two-year terms, with half the seats up for election each year.
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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 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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