Frank L. Raiter has been named to the board of directors of Clayton Holdings Inc., a Shelton, Conn.-based provider of integrated analytic and consulting services to the mortgage industry.Mr. Raiter was managing director of the Residential Mortgage Ratings Group at Standard & Poor's before retiring earlier this year. He was previously chief investment officer of Caliber Bank and chief financial officer of Jefferson Savings and Loan, Clayton Holdings said. Mr. Raiter was also the assistant director of the Office of Securities Transactions for the Resolution Trust Corp. Clayton Holdings can be found online at http://www.clayton.com.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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