Debra W. Still, president and chief executive of Pulte Mortgage LLC, has been nominated as vice chair-elect of the Mortgage Bankers Association. After serving as vice chair, Still will serve one year as chairwoman-elect and then become the second woman ever to hold the top post in the organization, after Regina Lowrie, in 2005-2006. Still is currently the chairwoman of MBA's Residential Board of Governors. She joined Pulte Mortgage in 1983 as a vice president/branch manager. In June 1997, she was promoted to executive vice president, production and in 1999, became chief operating officer. Still ascended to her current posts at Pulte Mortgage in August 2004. Still will become vice chair at MBA's convention in Atlanta in October.
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Elimination of the mundane and the elevation of specialized experts able to train AI are among the changes the mortgage industry may see, its leaders say.
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Make the right lending decisions by being informed and knowledgeable on the impact of flooring during appraisals, upgrades, and resale evaluations.
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Roof damage can reduce a property's value and loan security. Lenders must know the warning signs that indicate major structural and financial risks.
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The federal regulator terminated the wholesale lender's FHA approvals in six jurisdictions because of certain elevated default and claim rate data.
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The Mortgage Bankers Association leader cited past objections on anti-competitive grounds as Trump administration officials showed signs of progress on reform.
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Homes for sale inventory reached pre-COVID levels for the first time in years, while contract activity continued to soar last month, HouseCanary said.
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