John Parsley has been named senior vice president of strategic business development at PMI Mortgage Insurance Inc., Walnut Creek, Calif., and Pete Pannes has been named to take his place as SVP of field sales and national accounts.Mr. Parsley joined PMI in 1983, and has also served as the company's vice president of sales for the Central/Western United States, national account director for the East, and area sales director for the Northeast Region, the company said. Mr. Pannes joined the company in 1990 as an account representative. He was part of the PMI management team that formed CMG Mortgage Insurance Co. in 1994, a joint venture with CUNA Mutual. He held several positions with CMG from 1994 to 2001, at which time he joined CUNA Mutual as senior vice president and general manager of CMG. Mr. Pannes rejoined PMI in 2004. PMI can be found on the Web at http://www.pmigroup.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




