Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
W S

MERS president and CEO R.K. Arnold retires

/ Print / Reprints /
| Share More
/ Text Size+
Mortgage Electronic Registration Systems has officially announced the retirement of President and CEO R.K. Arnold, with Paul Bognanno serving as interim President and CEO until a replacement is named. MERS had no comment Friday when asked if Arnold was leaving. Arnold joined the company at its inception nearly 15 years ago in 1996. MERS is a registry of home ownership and other mortgage rights for more than half of all outstanding residential mortgages in the U.S. "During his tenure, MERS launched a commercial mortgage registry, the industry’s eNote Registry and products to help reduce mortgage fraud," said Bognanno. "I look forward to helping MERS build and expand upon that history." Bognanno recently served as chairman of private mortgage insurer Radian Guaranty. "I am proud of the important value that MERS provides to our nation’s housing finance system," Arnold said in an email to HousingWire over the weekend. "I’m looking forward to enjoying the next chapter of my life." Write to Jacob Gaffney. Follow him on Twitter @JacobGaffney.

Recent Articles by Jacob Gaffney

Comments powered by Disqus