Mortgage lender Embrace Home Loans, Newport, R.I., replaced its annual sales meeting this year with a Haiti benefit, according to the company. The company said its fundraising auction brought in $20,000 for a group called Partners with Haiti that supports Haitian orphanages. Employees donated items to the auction that included the use of a Florida vacation house for a week and use of an RV for a week, as well as sports and concert tickets. The Port-Au-Prince area of Haiti was devastated by a Jan. 12 earthquake.
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Attom expanded its artificial intelligence platform, eLend partnered with Ready4Remodel to increase renovation financing and Keller Williams teamed up with Rejig.ai.
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Several lawsuits filed this year have painted the shared appreciation agreements as misleading, and suggest they should be treated as mortgage loans.
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A series of tornadoes and severe hailstorms across the Central U.S. turned Midwestern states into claims hotspots in the second quarter, according to Verisk.
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The Federal Housing Administration's proposed changes to property standards could open up origination opportunities for lenders comfortable with the updates.
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Zillow said the filing doesn't address any of the issues highlighted in the previous dismissal, and asked the court to dismiss the new complaint with prejudice.
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Almost all five A1 tranches benefit from credit enhancement levels of 26.10%. The A1A tranche, however, has a credit enhancement level of 36.10%.
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