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Tag Archives: mortgage

First Community Mortgage Announces New Leaders

First Community Mortgage (FCM) has announced the recent promotion of three team members to new Senior Management positions, according to an announcement by Keith Canter, CEO. Loretta Roberts has been promoted to Senior VP of Compliance, Lorenzo Adams is now VP of Wholesale Operations, and Megan Breymaier has ...

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Opus CMC Announces New Managing Director

Opus Capital Markets Consultants, LLC, a risk management provider for mortgage and consumer lenders, servicers, and investors, announced its recent hire of Bruce Legan, who will join Opus CMC as Managing Director of Business Development. In this role, Legan will oversee sales, marketing, client retention and business development strategy at Opus CMC and Wipro’s Mortgage Solutions unit ...

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U.S. Chamber of Commerce and Lobbying Groups File Suit against CFPB

The Consumer Financial Protection Bureau’s (CFPB) arbitration rule is coming under fire yet again. filed a complaint with a Dallas Federal Court against the CFPB Friday on the hotly-debated arbitration clause that was recently passed. The suit has been spearheaded by the U.S. Chamber of Commerce.

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Pending Home Sales: Losing Momentum?

On Wednesday, the National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for August, revealing an overall downgrade for the 2017 forecast. The index, based on contract signings, fell 2.6 percent to 106.3 in August from 109.1 ...

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Pamela Patenaude Sworn in as Deputy Secretary of HUD

Pamela Hughes Patenaude has been announced as the new Deputy Secretary at the U.S. Department of Housing and Urban Development (HUD).  Following her confirmation by the U.S. Senate on September 14th, Vice President Mike Pence administered the oath of office ...

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Protecting Data Properly

Amidst the aftermath of the Equifax data breach, cybercrime is a timely issue facing the financial services industry. New reports respond with the release of its most recent surveys and guidance to better ensure cybersecurity. In response to Equifax’s data ...

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Fed Chair Talks Economic Uncertainty

Despite announcements that the Fed would certainly be spiking interest rates, Federal Reserve Chair Janet Yellen delivered a speech on Tuesday providing more clarity to the current state of inflation and interest rate uncertainty. During her speech, Yellen focused on ...

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S&P Case-Shiller Index: Increases Across the Nation

S&P Dow Jones Indices released the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index today. The data accounts for July 2017 and shows that home prices continued to increase across the country over the last year. The index reported a 5.9 ...

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Equifax CEO Explains Reasons for Retirement

Equifax, Inc. CEO and Chairman of the Board Richard Smith announced his retirement through the Board of Directors Tuesday. However, with an upcoming testimony on the breach, what does this mean for the company as a whole?

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Gathering of Mortgage Industry Professionals Comes to a Close

As another Five Star Conference has come to a close, the industry reflects upon the opportunities that engagement and learning the previous days have afforded. Insights were delivered during the Five Star Conference Academic Labs, which provided opportunities of edification, ...

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