Richard D. Powers has been named senior vice president and general manager of ditech.com, a direct mortgage lender based in Costa Mesa, Calif.Mr. Powers joins ditech.com from Metrociti Mortgage Corp., where he served as president of the company's Western Division. He was previously president of KB Home Mortgage, where he managed the captive mortgage business. Mr. Powers was also president and chief executive officer of Charter One Mortgage Corp. for seven years. The company can be found online at http://www.ditech.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




