Freddie Mac has announced that it will voluntarily withdraw its common stock from listing on NYSE Arca Inc., formerly the Pacific Exchange.Freddie Mac's common stock will continue to be listed on the New York Stock Exchange. The decision was aimed at eliminating duplicative administrative requirements that come with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca, Freddie Mac said. NYSE Arca will continue trading Freddie Mac common stock on an unlisted trading privilege basis. Freddie Mac can be found on the Web at http://www.freddiemac.com.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
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BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
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Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
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Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
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Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
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