Data Warehouse Corp., a Boca Raton, Fla.-based provider of marketing information to the mortgage and financial industries, has announced the formation of a wholesale division. The new division is aimed at providing data and analytic services to meet "the growing demands" of list brokers, data resellers, telemarketing call centers, and direct mail and marketing agencies, the company said. Ben Waldshan, founder of Data Warehouse and executive vice president of its parent company, Fort Lee, N.J.-based Tranzact, said the new unit will enable data-dependent organizations to "further refine the effectiveness of their lead generation and customer acquisition efforts." The companies can be found online at http://www.dwcsolutions.com and http://www.tranzact.net.
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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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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22 -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
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