Linda Knight has been promoted from senior vice president and treasurer of Fannie Mae to executive vice president for capital markets.Ms. Knight joined Fannie Mae in 1982 as senior market analyst and has been SVP and treasurer since 1993, the government-sponsored enterprise said. Fannie Mae said Ms. Knight will be one of two business-unit risk officers in the Capital Markets Group, which was previously known as the Portfolio Division. The GSE also announced the promotion of three executives to positions in the Capital Markets Group: David Benson, to senior vice president and treasurer; Ramon de Castro, to senior vice president for capital markets -- mortgages; and Andrew Bon Salle, to senior vice president for capital markets -- lender channel.
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Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.
November 20 -
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.
November 20 -
In a congressional hearing, top officials from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency said no new rules will be adopted or proposed this year.
November 20 -
Vista Point Mortgage and Rockport Mortgage reported attacks on their systems, with over 14,000 customers potentially affected by compromised data.
November 20 -
The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.
November 20 -
Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.
November 20