14 November 2017

Realtor.com finds itself at center of Sean Hannity advertiser controversy

[Commentary] If you’ve been on Facebook or Twitter in the last 48 hours, you’ve likely seen video of people destroying their Keurig coffee machines or throwing them out the window as a protest to the company pulling its ads from Sean Hannity’s show on Fox News. But Keurig was hardly alone in pulling its ads […]

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13 November 2017

No damages, no award: Loan servicer prevails in alleged RESPA violation suit

[Expert commentary] The only thing better than prevailing in court is not going to court in the first place. A recent decision from the Eleventh Circuit illustrates how an alleged violation of the Real Estate Settlement Procedures Act spurred lengthy litigation against a loan servicing company. Here are key takeaways on what this means for […]

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13 November 2017

UWM CEO: Here's why we stand with BRAWL

The BRAWL, Brokers Rallying Against Whole-tail Lending, movement is pushing back against the way things have always been in the wholesale lending space. HousingWire is talking to wholesale lenders on both sides of the fence to get their perspective on the movement that’s disrupting the space. Mat Ishbia, president and CEO of United Wholesale Mortgage, […]

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13 November 2017

Monday Morning Cup of Coffee: Is Equifax using “creative” accounting to justify executive bonuses?

Is Equifax playing some accounting games to try to make its business look better in the aftermath of the massive data breach? Some people seem to think so. Plus, is one of the mortgage business’ top startups backed by Russia’s biggest bank? All that, and more, in your Monday Morning Cup of Coffee. Source: Housing […]

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9 November 2017

Ally Financial adding Citigroup’s Dinesh Chopra as chief strategy officer

Ally Financial announced this week that it is adding Dinesh Chopra as the company’s chief strategy officer, a new role created at the company. Chopra joins Ally from Citigroup, where he served as global head of strategy, retail bank, mortgage, fintech and digital payments. Source: Housing Wire News

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9 November 2017

Op-Ed: America’s families need a thriving Single-Family Rental home market

Opposition to the recent decisions by Fannie Mae and Freddie Mac to support the single-family rental market has perpetuated a misguided view that GSE support of the single-family rental home market runs counter to the goal of helping homebuyers. Here’s the reality. Source: Housing Wire News

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8 November 2017

Treasury chooses Assistant Attorney General Kenneth Blanco to lead FinCEN

The Department of the Treasury announced Wednesday that it chose Kenneth Blanco to lead the department’s Financial Crimes Enforcement Network, which is a part of the Treasury’s Office of Terrorism and Financial Intelligence and targets financial crimes including money laundering. Source: Housing Wire News

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8 November 2017

CFPB promoting Kristen Donoghue to be new head of enforcement

The Consumer Financial Protection Bureau has found its new head of enforcement, elevating one of its own to replace Anthony Alexis, who recently announced plans to step down. The CFPB told HousingWire Wednesday that long-time CFPB employee Kristen Donoghue will take over for Alexis when he leaves later this month. Source: Housing Wire News

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8 November 2017

How does the Trump tax plan impact real estate investment?

[Expert commentary] Outside the furor, the long-term impact of the tax plan is much grayer and has little impact on most Americans. The mortgage interest rate deduction benefits too few people in too few areas, and a broad-based decrease in taxes will ultimately benefit the housing market. Source: Housing Wire News

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6 November 2017

SD Capital Funding names Melissa Williams head of mortgage operations

SD Capital Funding, a New Jersey-based mortgage company, added Melissa Williams as head of mortgage operations, the company announced this week. In this role, Williams will be responsible for “building a stronger, more efficient operations process,” the company said in a release. Source: Housing Wire News

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6 November 2017

Movement Mortgage adds Ryan Rosenthal as regional builder manager

Movement Mortgage, a nationwide mortgage lender, announced Monday that it hired Ryan Rosenthal as regional builder manager for the California and Hawaii markets. Rosenthal joins Movement Mortgage from HomeBridge Financial Services. Source: Housing Wire News

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6 November 2017

Monday Morning Cup of Coffee: Leadership shake-up coming to the NY Fed?

Get the latest on leadership changes at the Fed(s). Plus, Financial analyst Gary Shilling says the Fed has to get out of the forecasting business. Also, the National Association of Realtors annual convention is underway in Chicago. What’s on their mind? All that, and more, in your Monday Morning Cup of Coffee. Source: Housing Wire […]

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