Douglas G. Duncan has been appointed staff vice president/chief economist of the Mortgage Bankers Association of America. He replaces David Lereah, who recently became president of the MBA's new subsidiary, Lender Technologies Corp. Mr. Duncan will be responsible for providing economic and policy analyses in the areas of real estate finance, new mortgage instruments, legislative and regulatory proposals, and industry trends. Since joining the MBA in September 1992, Mr. Duncan has served as director and, most recently, senior director of the MBA's Research Group. His focus has been on creating benchmarking tools for the real estate finance industry, including the MBA Cost of Servicing Study, Information Technology Cost Study, and Peer Group Roundtable Benchmarking Study.
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Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.
11h ago -
The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus will remain in place.
July 8 -
California-based Dunmor said it is launching a wholesale division, which will be led by a former Newfi executive.
July 8 -
A federal judge rejected defenses by a brokerage that acknowledged selling loans to both United Wholesale Mortgage and rival Rocket Pro TPO.
July 8 -
Onity Group's Jack Cavanagh describes how data science has changed processes in the mortgage industry and what type of misconceptions still exist about AI.
July 8 -
New research from the Federal Reserve Banks of New York and San Francisco says markets put the odds of zero interest rates lower today than in the recent past, but economic uncertainty raises the potential for drastic cuts in the "medium to long term."
July 7