Tim Anderson, executive vice president of business development of Minneapolis-based Dexma Inc., has been elected to the Governance Committee of the Mortgage Industry Standards Maintenance Organization.Mr. Anderson has over 25 years of mortgage banking technology and management experience and is credited with creating the eMortgage Alliance that supports MISMO standards for delivering legal paperless processes. MISMO was established by the Mortgage Bankers Association to coordinate the development and maintenance of Internet-based Extensible Markup Language real estate finance specifications. The Governance Committee is made up of 16 representatives from MISMO subscriber organizations, including two origination technology companies. Mr. Anderson will serve a two-year term.
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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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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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