Anne-Drue M. Anderson and Eliot R. Cutler have been elected to the board of directors of Thornburg Mortgage Inc., Santa Fe, N.M.Ms. Anderson was most recently president of Neighborhood Housing Services of America, a nonprofit firm based in Oakland, Calif. She was previously executive vice president and director of residential lending for H.F. Ahmanson & Co. and Home Savings of America, Thornburg said. Mr. Cutler is an environmental lawyer and project development expert in the Washington office of Akin Gump Strauss Hauer & Feld LLP. Early in his career, he was associate director of the Office of Management and Budget under former President Jimmy Carter and the principal White House official in the areas of environment, energy, and natural resources, Thornburg said. Thornburg can be found online at http://www.thornburgmortgage.com.
-
The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
43m ago -
The push comes amid what one expert highlighted as lax funding efforts for two Department of Housing and Urban Development grant programs.
2h ago -
Conventional lending drove volumes higher, particularly in the purchase market, the Mortgage Bankers Association said.
7h ago -
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
April 16 -
In a motion to dismiss UWM's suit, Ramon Walker argues the trademark infringement claim made by UWM is a "pretext to muzzle [his] criticism."
April 16 -
The Federal Reserve chair's comments coincide with the spring meeting of the International Monetary Fund and the World Bank Group in Washington. They also come as groups like the Basel Committee on Banking Supervision are being scrutinized.
April 16