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As part of the acquisition, Hallmark Home Mortgage's CEO Deborah Sturges will join Fairway as the firm's president.
The past two Federal Reserve vice chairs for supervision failed to implement the final installment of the Basel III capital framework. Newly installed Vice Chair for Supervision Michelle Bowman is taking a new approach to the thorny question of bank capital.
Mortgage applications rose 12.5% from last week, breaking a month-long streak of decline and offering a positive note as summer approaches.
Real estate players disclosed losses in 12% of incidents, and the average financial hit was $16,829, according to data from the past decade.
The trade group, whose industry has come under attack by the growth of title insurance alternatives, cited Morton's lobbying expertise for his promotion.
Like the current HUD secretary, Andrew Hughes holds close ties to former department head Ben Carson, actively supporting his past presidential ambitions.