Digital Mortgage Direct Page

Syed Haider is Principal, Architect and R&D, at X by 2. He has over 15 years of experience designing and implementing enterprise class application and integration frameworks as well as business applications. X by 2 is an IT consulting firm specialized in business and technology transformation for the insurance industry.

Sharon Anne Kean is a senior product director at Wise, where she manages global product expansion and oversees launches into new markets. In her role, she is focused on growing Wise’s U.S. operations and has led the company's growth in other markets, as well as driven the product team’s hiring strategy.

Contract closings decreased 3.4% in May from the prior month to an annualized 5.41 million, the weakest since June 2020, figures from the National Association of Realtors showed Tuesday.

The data breach, which occurred over a two-day period last December, is the largest disclosure by a mortgage lender this year.

Without a rule standardizing data sharing standards, the Consumer Financial Protection Bureau risks the creation of a patchwork system of privacy standards as consumers seek the benefits of an open banking ecosystem.

The insurer’s stock has consistently been above its initial $19-per-share price, unlike those of the mortgage originators who recently went public.

While compliance specialists will be in demand, loan producers will see their roles change to encompass responsibilities that include more marketing and client development.

Property prices could contract an annual 5% by the middle of next year, a senior property economist, said in a research note Monday. He’d previously projected no change in values by that time.

Also, Notarize announces layoff, Lower reveals a cyberattack and M&A activity heats up.

The mortgage REIT announced its name change in conjunction with the internalization of management activities.