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The Systemic Risk Council, which will be chaired by Sheila Bair, will assess the progress of regulators carrying out major reforms and provide constructive criticism where needed on pending rules.

Although loan originations are booming at Caliber Funding, the lender recently gave walking papers to a regional production manager and a division manager.

Interthinx said that Sharee McKenzie Taylor has joined the company as director of industry relations.

As head of the Mortgage Bankers Association, David H. Stevens spent the last year warning that excessive and ill-considered regulation could drag down the mortgage market. As the new head of SunTrust Mortgage, he'll have to face that regulation head-on.

Fannie Mae selected its general counsel, Timothy Mayopoulos, to be the GSE’s new president and chief executive, effective June 18.

Marion Sandler, the co-chief executive at Golden West Financial in Oakland, Calif., for more than four decades, has died at the age of 81.

Bay Equity Home Loans said that Rob Phillips has returned to the company as a wholesale senior account executive in San Diego.

Jeremy Stein, a professor of economics at Harvard University, became the seventh governor to join the Federal Reserve Board.

The president and chief executive of the Mortgage Bankers Association, David Stevens, is stepping down after one year to become the president of SunTrust Mortgage.

Bay Equity Home Loans said that Eva Sharma has returned to the company as a wholesale senior account executive in San Diego.