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.
-
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
5h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
5h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
8h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
8h ago -
The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
11h ago -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
11h ago







