Federal Reserve Vice Chair for Supervision Michelle Bowman said the U.S. central bank should seek to achieve the smallest balance sheet possible and overhaul its regime for implementing monetary policy. “Over the longer run, my preference is to maintain the smallest balance sheet possible with reserve balances at a level closer to scarce than ample,” […]
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Farmer Mac Farmer Mac CEO Bradford Nordholm will retire in 18 months, the company announced Thursday. Nordholm took over as CEO in 2018, almost a year after Farmer Mac fired former CEO Timothy Buzby for violating company policies not related to its financial and business performance. With Nordholm at the helm, Farmer Mac, a secondary
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Long-time mortgage industry executive Jerry Halbrook has been named president and chief operating officer of insuretech Covered Insurance. Halbrook’s hiring is the latest sign of the convergence between the lending process and insurance, the company said. Jerry Halbrook is president and COO of Covered Insurance Property insurance costs have increased in recent years, and in
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