The Treasury Department has appointed Donald V. Hammond to be acting undersecretary for domestic finance to replace Brian Roseboro, who left Dec. 31.A career Treasury staffer, Mr. Hammond was appointed fiscal assistant secretary in 1998 to provide policy oversight for Treasury's debt issuance activities. Until the White House nominates a new undersecretary, Mr. Hammond will advise Treasury Secretary John Snow on matters involving banking, capital markets, and government-sponsored enterprises.
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Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.
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McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
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The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
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The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
April 18