A highly anticipated piece of political news arrived Tuesday morning as Vice President Kamala Harris chose Minnesota Gov. Tim Walz to be her running mate in November’s presidential election, with Harris having clinched the Democratic nomination to challenge Republican nominee and former President Donald Trump. Walz hails from a state…
Continue reading →The Consumer Federation of America (CFA) and its former CEO, Steve Brobeck, have a long history of advocating for policies that protect consumers. However, in recent efforts to curb real estate professionals, the CFA has seemingly lost sight of its core purpose: advocating for those most in need of consumer…
Continue reading →Lower continues to make moves designed to support its expansion efforts, hiring former Waterstone Mortgage executive Dustin Owen as its new divisional sales leader and senior vice president of growth. Owen, who is based in the Orlando area, spent the past 16 years at Waterstone, most recently as its vice…
Continue reading →UWM Holdings Corp., the parent of United Wholesale Mortgage, has adopted a strategy that differs from its peers to take advantage of a business landscape that is expected to include lower mortgage rates and more refinance activity. The Pontiac, Michigan-based company has opportunistically sold mortgage servicing rights (MSRs) with higher…
Continue reading →A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) requests for appraisals — originally scheduled to be implemented between Aug. 29 and Sept. 2 — has been pushed back to Oct. 31, 2024. That’s according to announcements from Fannie Mae, Freddie Mac and a…
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