WASHINGTON--The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to Owen Lee, CEO of Success Mortgage Partners, Plymouth, Mich.

Institutional Property Advisors, Ontario, Calif., brokered $201.75 million portfolio for sale of three multifamily properties in Arizona and New Mexico.

The MISMO Spring Summit takes place June 6-9 in Charleston, S.C.

The Mortgage Bankers Association on Monday sent a letter to the Federal Housing Finance Agency, offering detailed recommendations on the agency’s re-proposal of eligibility requirements for seller/servicers of single-family loans backed by Fannie Mae and Freddie Mac.

The Notification Rule establishes notice requirements for banking organizations and certain bank service providers when they experience computer-security incidents that rise to the level of notification incidents. Since notification is required before the organization may fully assess the incident, the notification requirement mainly focuses on what is affected. A prudent institution would identify systems and information that trigger the rule in advance.

The key moving forward lies in automating where it is most effective, widening the net in terms of attracting talent and then maximizing that talent by providing them with the right tools and user experience to drive business.

Carlos Sa, founder and CEO of MILOS, Danvers, Mass., has more than 25 years of IT experience and an extensive track record of designing, building and implementing mortgage technologies.

Christopher Exler is Senior Vice President with JLL's Miami Hotel and Hospitality team, responsible for shaping and executing disposal and origination strategies. He specializes in maintaining investor relationships, monitoring international capital flows, investment advisory and managing the marketing and due diligence process.