HousingWireHousingWire The Mortgage Bankers Association (MBA) on Friday sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, requesting that the bureau delay the compliance dates of a final rule requiring the registry of nonbank financial services providers. The bureau initially announced the proposed rule in late 2022,…
Continue reading →HousingWireHousingWire Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses — including the Southern California wildfires and hurricanes Milton and Helene in the Southeast — are not expected to heavily impact paid claims experience or credit ratings for mortgage insurers. The ratings…
Continue reading →HousingWireHousingWire Guaranteed Rate Affinity announced on Friday that it has hired Andy Ward as its originating manager in Cottleville, Missouri. Ward brings a proven track record of success and leadership in the mortgage industry. The 25-year mortgage leader reportedly joined Guaranteed Rate Affinity to align with the company’s technological growth…
Continue reading →HousingWireHousingWire Redfin has come under fire for the system it uses to power its listing portal. In a lawsuit filed on Wednesday by Virtual Creative Artists (VCA) in U.S. District Court in Seattle, Redfin is accused of illegally infringing on patents held by VCA. In the suit, VCA claims that…
Continue reading →HousingWireHousingWire The Mortgage Collaborative (TMC), a member network comprised of independent mortgage banks, federally insured banks, credit unions and mortgage service providers, on Friday announced its appointment of Jodi Hall as CEO and president. Hall, who has nearly 30 years of mortgage industry experience, is the founder of DandaRoad Consulting,…
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