The Mortgage Industry Standards Maintenance Organization has announced the approval of a new property dataset.Specifically, the Core Data Workgroup with MISMO has given the green light to the Property Reporting Specifications, version 2.32. The approval of the Property Standard is the first step toward establishing a standard for describing a real estate property from its inception at origination through the entire financial process, ending with county recorders, according to MISMO. The specifications are available on the Web at http://www.mismo.org/mismo/specs_232.cfm. MISMO can be found at http://www.mismo.org.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
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Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
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Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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