Bill Nelson Appointed Chairman of MAA for 2025-2026

The Mortgage Bankers Association announced that William Nelson, Executive Vice President, Secondary and Mortgage Operations of Standard Mortgage Corporation, has been appointed Chairman of the Mortgage Action Alliance (MAA) for the 2025-2026 election cycle.

Fed Cuts Rates Amid Coronavirus Risks

The Federal Reserve yesterday made an emergency cut to the federal funds rate, citing “evolving risks” stemming from the global coronavirus outbreak.