Treasury counselor Craig Phillips advised meeting participants to assure their bosses and government affairs offices that Treasury is fully committed to the project. “If you have problems, tell them to call me,” he quipped.
Brian Montgomery this week was sworn in as FHA commissioner, ready to tackle a number of priorities he promised Congress he would undertake once in office.
Since the beginning of the year, at least 11 mortgage banking franchises have come to terms with new owners, representing annualized loan production of $70.3 billion – enough volume to rank as the nation’s fourth largest lender, according to figures compiled by Inside Mortgage Finance. [Includes one data chart.]
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