Jeff Hoerster has been named president and chief operating officer of AllRegs, an Eagan, Minn.-based online publisher of reference information for the mortgage industry.The company said Mr. Hoerster has more than 20 years' industry experience, including 11 at Columbia National in Columbia, Md., where he left as senior vice president for operations, and nine years at Multi-Mortgage Services in Manasquan, N.J., where he was a part owner. AllRegs' products and services are used by over 90% of the top 100 lenders and in "numerous" governmental agencies, according to the company. It is the exclusive electronic publisher of Fannie Mae's and Freddie Mac's Single and Multi-Family Seller/Servicer Guides and the Federal Home Loan Banks' MPF Program Guidelines.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
7h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
7h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
10h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
June 23







