Brian Roseboro, the Treasury under secretary for domestic finance, has resigned from the agency after seven months on the job.Mr. Roseboro, who was sometimes quoted on issues affecting the government-sponsored enterprises, will leave the agency effective Jan. 1. As undersecretary, he was responsible for formulating policy and legislation in regard to financial institutions, including Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. Wayne A. Abernathy, assistant Treasury secretary for financial institutions, reports to Mr. Roseboro. Mr. Abernathy is considered the administration's point person on GSE matters.
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According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
8h ago -
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.
9h ago -
McCargo stabilized the agency at a crucial time as she helped navigate it through both a pandemic and subsequent dramatic interest-rate cycle change.
10h ago -
The quasi-public entity's plan to buy certain closed-end seconds would constitute "unnecessary government encroachment," the Structured Finance Association said.
April 19 -
The mortgage subsidiary of Hilltop Holdings posted another quarterly loss and volume slipped, but management also sees signs of optimism.
April 19 -
The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18