-
WASHINGTON Several trade groups representing Federal Home Loan bank members are urging a federal regulator to extend the comment period on a controversial proposal to change the systems membership requirements.
September 5 -
Following a prolonged stretch of modest loan growth, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile showed loan balances shooting to a level not seen since 2007.
August 28 -
The industry is objecting to a recent Consumer Financial Protection Bureau blog post that calls into question the transparency of agreements between colleges and financial institutions that offer student products.
August 18 -
Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.
July 9
The Mortgage Bankers Association announced two promotions Monday as part of an organizational realignment plan.
Marcia M. Davies has been named Chief Operating Officer and Peter J. Grace has been promoted to Senior Vice President of Strategy and Member Services, the MBA said in a press release.
Davies previously was MBA's Chief of Staff and Senior Vice President of External Relations. The group said she will continue to lead external relations but will also assume "a consolidated operational portfolio" and responsibility "for ensuring alignment on MBA's top organizational priorities."
Prior to joining MBA in 2011, Davies worked at the U.S. Department of Housing and Urban Development and before that spent 21 years at Freddie Mac.
Grace joined the MBA in 2012 as Vice President of Strategy and Internal Technology and Chief Information Officer. Going forward, he will also oversee MBA's Member Services department, which includes education content development, design and delivery. He will report to Davies. Grace's previous experience was at HUD, the New York City Department of Housing Preservation and Development, and Accenture.
Davies' "leadership and organizational effectiveness will strengthen operations and bring an overall enhanced member experience to the services we provide," David Stevens, MBA's chief executive, said in the press release. He said Grace "has proven skills to manage cross-functional teams that provide exceptional customer service."
