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A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% finance second homes.

Smadar Rinat, CPA, CFE, is a principal in the international and audit and accounting departments of Prager Metis CPAs, a member of Prager Metis International Group. She has over 25 years of experience in the accounting industry. She specializes in providing audit, review, compilation, and accounting services to clients in a wide range of industries, including media and entertainment, technology, not-for-profit, professional services, manufacturing and distribution, and real estate. She is also the leader of the firm's Israel group. In this role, she offers financial and business strategy consultancy to Israeli companies working in or looking to develop operations in the U.S., as well as domestic companies interested in expanding their businesses into Israel.

Improved digital communications in transfers could help mitigate one growing risk for servicers, which also could face a less friendly rate and credit scenario.

Mark S. Bonta is the Executive Director of the Recovery Jobs Foundation, an initiative  focused on reintegrating individuals in recovery into the workforce. With 20 years of  experience as a Plant Director and 6 years of experience as a recovery-friendly employer,  he pioneered the New Hampshire Recovery Friendly Workplace Initiative (NH-RFWI) as one  of the first RFW's in the nation. Mark's leadership has been recognized with several awards,  including the 2022 Littleton Area Chamber of Commerce Citizen of the Year Award and the  2023 White Mountains Community College President's Community Partner Award.  Currently formalizing the Recovery Jobs Foundation, he also serves on the NH-RFWI  Advisory Council, and as Secretary of the Florida Recovery-Friendly Workplace Coalition.

The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.

Plaintiffs argue that Mr. Cooper's hefty payment to Alphv hinged on the promise that the criminal organization would delete stolen customer PII.

Rithm Capital has been teasing an initial public offering of the mortgage banker for some time, and 2025 is likely to be the year, Keefe, Bruyette & Woods said.

In multiple 2024 suits filed against mortgage businesses, the plaintiff claims he was never a client, but received messages despite being on the do-not-call list.

Luminate Home Loans closed its Neo Home Loans division in October after it fired leaders allegedly funneling trade secrets to the rival.

Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.