Mary Salinas Durón has been named executive vice president of the national multicultural sales group of Countrywide Home Loans Inc.Ms. Durón will oversee Countrywide's House America branches and national counseling center, which provides home loan counseling and homebuyer education. The multicultural sales group provides business development and sales support for the company's various business channels, focusing on affordable loan products, sales force diversity, consumer education, and relationship building among community, faith-based, and industry organizations, Countrywide said. Ms. Durón was previously senior vice president and director of Countrywide's national emerging markets group and its House America and fair-lending efforts. She has more than 20 years of experience in community reinvestment and fair-lending programs. Countrywide can be found online at http://www.countrywide.com.
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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.
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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.
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Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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