In the wake of the 2008 global financial crisis, many risk managers in the mortgage issuance industry were caught flat-footed with representations and warranties exposure, also commonly known as repurchase exposure.

While reskilling initiatives lack the sensationalism of postulating alien radio waves, the innovation predicament caused by continuous innovation cannot be “waved away” by slogans, academics or politicians. Reskilling workforces is likely the largest challenge of the decade facing every banking leader.

Hines, Houston, promoted Laura Hines-Pierce to Senior Managing Director – Office of the CEO. She will work alongside President and CEO Jeff Hines to help shape firmwide strategy and manage key risks.

Computershare Loan Services’ Specialized Loan Servicing, New York, in partnership with UMB Bank, now offers clients a customer access card tied directly to home equity lines of credit serviced by SLS.

Mortgage credit availability decreased in February, according to the Mortgage Bankers Association's Mortgage Credit Availability Index.

The Mortgage Bankers Association canceled its Technology Solutions Conference & Expo in Los Angeles out of concerns stemming from the spreading coronavirus crisis.