Justin Vedder has been named managing director of PBIS Insurance Services Inc., a subsidiary of The Prieston Group, a San Rafael, Calif.-based company that specializes in mortgage fraud protection, loss mitigation, and indemnification services.Mr. Vedder was previously managing director of client relations at PBIS, the company said. Before joining The Prieston Group last year, he was a co-founder and principal of Platinum Data Solutions, a technology-based company that provides systems for ensuring data integrity in loan origination. The Prieston Group can be found on the Web at http://www.priestongroup.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
August 13 -
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
August 13 -
The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
August 13 -
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
August 13 -
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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