HousingWireHousingWire Brian McKinney, formerly the chief executive officer of Benchmark Mortgage (a dba of Ark-La-Tex Financial Services), has joined PrimeLending in a newly created executive position. McKinney, who’s been CEO of Benchmark since 2016, will be executive vice president for growth and strategic development at PrimeLending. He’s tasked with exploring…
Continue reading →HousingWireHousingWire The Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced that new rules related to the Telephone Consumer Protection Act (TCPA) will go into effect in April 2025. The new guidelines are designed…
Continue reading →HousingWireHousingWire In the third quarter of 2024, Bank of America (BofA) saw a decline in mortgage production, despite a drop in interest rates that benefited competitors like Wells Fargo, JPMorgan Chase and Citi. BofA announced on Tuesday that it posted $5.3 billion in first-lien mortgage volume from July to September,…
Continue reading →HousingWireHousingWire Mortgage credit availability decreased in September, according to the latest Mortgage Bankers Association (MBA) analysis of ICE Mortgage Technology data. The MBA’s Mortgage Credit Availability Index (MCAI) fell by 0.5% to a reading of 98.5 in September. The MCAI for conventional loans fell by 1.7%, while the corresponding index…
Continue reading →HousingWireHousingWire Not only are Tal and Oren Alexander — the co-founders of Official Partners — under fire for an alleged string of sexual assaults, but the brothers are now facing a suit from Side, the white-label brokerage that powers their firm. In a suit filed Friday in U.S. District Court…
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