Digital Mortgage Direct Page

Cybercriminals can leverage the workflow of the digital firms against them by tossing a plethora of stolen credentials at an online loan application until they secure approvals, according to one expert.

Mark Shields is Director of Solution Marketing at Appway, where his experience across a broad spectrum of commercial roles enables him to boost business development and marketing of fintech solutions in the wealth management, investment management and banking space.

Lorie Logan manages the Fed’s System Open Market Account and played key roles in the central bank’s crisis responses in 2020 and 2008. She replaces Robert Kaplan, who resigned amid a stock trading scandal last fall.

The 36% consecutive-month drop could mark the start of a period in which a small wave of financially distressed homeowners sell their homes through alternative means, according to Attom Data Solutions.

Its outlook is about $20 billion less than what the analyst consensus forecast had called for.

Jocelyn Getson is the chief growth officer for Bindable, an insurtech focusing on alternative distribution. Before that, she was VP of enterprise at Corvus Insurance and head of small business strategy at Slice Labs.

Consumer Financial Protection Bureau Director Rohit Chopra is pushing the envelope of the bureau's power and jurisdiction in untested ways. More companies are disputing the CFPB’s allegations, refusing to pay large fines or admit wrongdoing, and vowing to defend themselves in court. 

A 5% surge in purchase applications drove up overall activity, while average loan amounts also increased across all categories.

While longtime non-QM companies have originated mortgages in the segment for years, new contenders have come into the market as the number of potential customers who fit into the category grows.

Jake Spiegel is a health and wealth research associate at the Employee Benefit Research Institute.