Multi-State Mortgage Committee Elects New Chairman

A Pennsylvania Department of Banking bureau director has been chosen to chair the Multi-State Mortgage Committee, a panel created by state financial regulators to coordinate examination and supervision of the largest mortgage lenders and brokers under state jurisdiction.

Donald DeBastiani leads the banking department's Bureau of Non-Depository Examinations, where he oversees examination of companies involved in activities such as mortgages, auto finance and debt management.

DeBastiani succeeds John Prendergast, formerly of the Massachusetts Division of Banks.

SOURCE: Pennsylvania Department of Banking


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