A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Biden’s executive order will extend foreclosure moratorium

President Biden revealed his plan to sign 17 executive orders his first day in office, including am extension of the eviction and foreclosure moratorium to at least March 31.

How servicers continue to protect neighborhoods amid COVID

We spoke with MCS CEO Caroline Reaves about self-service technology, the shift to virtual and how servicers can prepare for post-COVID success by improving processes today.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.

Mortgage

FDIC Director Jeremiah Norton resigns

Served since April 2012

The director of the Federal Deposit Insurance Corp., Jeremiah Norton, resigned his position on the FDIC’s board of governors on Friday.

Norton, who served in the position as FDIC director since April 16, 2012, submitted his resignation letter to President Obama on May 8.

In the letter, Norton said he believes that it is “an appropriate time to conclude my service as I am now approaching nearly two years since the expiration of my term.”

Prior to joining the FDIC’s board, Norton served as an executive director at JPMorgan Securities. Earlier in his career, Norton also served as deputy assistant secretary for Financial Institutions Policy at the U.S. Treasury Department.

“It has been an honor and a privilege to serve as a Director of the FDIC,” Norton said in his letter to President Obama. “I would like to express my gratitude to you and the members of the Senate for affording me the opportunity to work with the many talented and dedicated public servants at the FDIC.

Norton’s resignation is effective June 5, 2015, the FDIC said.

"Jeremiah has been an extraordinarily effective and influential member of the FDIC Board," FDIC Chairman Martin Gruenberg said. "He has made major contributions to important actions by the FDIC in the wake of the financial crisis. We are grateful for his service, we will miss his thoughtful insights, and we wish him well in his future endeavors."

Most Popular Articles

Biden’s executive order will extend foreclosure moratorium

President Biden plans to sign 17 executive orders his first day in office, including an extension of the eviction and foreclosure moratorium.

Jan 20, 2021 By

Latest Articles

SitusAMC acquires Assimilate Solutions

Technology firm SitusAMC announced its acquisition of mortgage and title outsourcer Assimilate Solutions on Monday – it’s second acquisition in January.

Jan 25, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please