LendingLogix, a new mortgage consulting firm, has been launched in Dallas by Dave Williamson and Scott Baller as a sister firm to AppLogix, a custom software development company.LendingLogix offers to provide strategic and tactical services to mortgage banking companies, addressing areas such as business process management, technology evaluation and implementation, planning for electronic mortgages, and business scorecards. LendingLogix said it will begin offering lenders an introductory process assessment package in February. Mr. Williamson, a frequent mortgage industry speaker formerly with Fiserv and The Performance Group, was a featured panelist at SourceMedia's recent Mortgage EC Conference in Las Vegas.
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Balance sheet reduction is a top priority of new Fed Chair Kevin Warsh. Achieving that goal means avoiding the kinds of disruptions that roiled the Treasury bond market in 2019, the last time the central bank embarked on quantitative tightening.
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The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.
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Under the proposed rule, the definition of a manufactured home would allow upper floor sections to be transported and constructed without a permanent chassis.
June 12 -
Even though the SAFE Act does not require AI loan officers licensing, other laws, as well as regulators, still look for a person to be responsible.
June 12 -
The government-related market's push has intensified efforts to draw up classic FICO comparisons or set up interim rating policies pending more data.
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