Marietta Rodriguez has been named national director of home ownership programs at NeighborWorks America, a new position.Ms. Rodriguez had been interim director of the organization's Campaign for Home Ownership since December. As national director, she will have direct responsibility for the Campaign for Home Ownership, the NeighborWorks Center for Foreclosure Solutions, and several other homeownership programs. Ms. Rodriguez previously held various positions with NeighborWorks, including manager of the corporation's Full Cycle Lending program. Before joining NeighborWorks America in 1998, she was director of training and community outreach for the Neighborhood Housing Services of Santa Fe.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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