Patrick Hartford, senior business analyst for VMP Mortgage Solutions Inc., St. Cloud, Minn., has been named vice chairperson of the Mortgage Industry Standards Maintenance Organization's eMortgage Workgroup.Mr. Hartford was elected to the one-year post by the work group, which consists of more than 60 individuals from key industry organizations. The company said Mr. Hartford has become an "influential voice" on matters related to electronic mortgages. He has led classes on e-mortgage technology for the Mortgage Bankers Association's CampusMBA, and has been a contributor to the eMortgage Workgroup since joining soon after it was established in 2001. The work group was created by MISMO to develop a fully electronic mortgage.
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Higher mortgage rates and affordability pressure prompts Fitch Rating's revision from 'neutral' to 'deteriorating'
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A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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