WPF Combobox DisplayMemberPath
You are not binding to the data in the class, you are telling it to get it's data from the class member that is named by the member "name" so, if your instance has item.Name == "steve" it is trying to get the data from item.steve.
For this to work, you should remove the binding from the MemberPath. Change it to MemberPath = "Name" this tells it to get the data from the member "Name". That way it will call item.Name, not item.steve.
You could remove DisplayMemberPath and then set the path in the TextBlock.
The DisplayMemberPath is really for when you have no ItemTemplate.
Or you could remove your ItemTemplate and use DisplayMemberPath - in which case it basically creates a TextBlock for you. Not recomended you do both.
<TextBlock text="{Binding Path=Name, Mode=OneWay}"