Dan Sogorka of Sagent recaps the mortgage innovation timeline and details the role played by regulations and compliance in the process.
Read More »Pretium Taps Former Morgan Stanley COO Jonathan Pruzan as New President
After spending the last 28 years with Morgan Stanley as COO, CFO, and Head of Corporate Strategy, Pretium names new President and member of the Executive Committee to oversee the company’s strategic and operational initiatives.
Read More »The Week Ahead: Property Insurance and Its Impact on Consumers
The Senate Banking Committee will host an upcoming hearing examining the state of property insurance, climate change, and its financial impact on the nation’s homeowners.
Read More »Foreclosure Volume Expected to Rise to Close Out 2023
A new report from Auction.com found that more than 90% of default servicing industry experts polled expect foreclosure volume to rise in 2023 compared to 2022, with the state of the nation’s economy having the biggest impact on overall volume.
Read More »Hurricane Idalia Threatens 800K+ Homes Along Florida’s Gulf Coast Region
According to CoreLogic, Hurricane Idalia could damage more than 800,000 homes along the Gulf Coast area of Florida with a reconstruction cost value of approximately $238.4 billion, as storm surge heights are anticipated to rise to more than 15-feet.
Read More »Danya Sawyer Named Interim CEO of Altisource Asset Management
Altisource Asset Management has announced the departure of CEO Jason A. Kopcak, to be replaced on an interim basis during the restructuring of its lending operations by former COO of Altisource’s Alternative Lending Group, Danya Sawyer.
Read More »CFPB Enters Into $2.7B Settlement With Credit Repair Firm
The nationwide conglomerate has agreed to a settlement with the CFPB for violating the Telemarketing Sales Rule by collecting illegal advance fees for credit repair services.
Read More »HUD Awards $140M for Disaster Recovery in California, Alabama, and Georgia
To assist victims in federal disaster areas, HUD Secretary Marcia L. Fudge has allocated funds to help communities recover and build resilience after a series of natural disasters in early 2023.
Read More »Rep. Waters Expresses Concern Over AI Usage in Housing
In a letter to GAO Comptroller General Eugene Dodaro, Rep. Maxine Waters calls for an investigation into artificial intelligence and proptech in the housing space as a possible barrier to fair and affordable housing opportunities.
Read More »Bayview Launches New Insurance Asset Management Division
Bayview’s new insurance asset management business will be led by Chief Investment Officer Nancy Mueller Handal, who will bring her leadership in expanding Bayview beyond its traditional focus on corporate credit.
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