Spokane, Wash.-based SharperLending LLC has partnered with Stewart Mortgage Information, Houston, to offer a nationwide title and escrow system for purchase, refinance, and equity loans.In turn, Stewart can now deliver its products to the wide range of lenders using the SharperLending platform. Stewart serves the real estate and mortgage industries through the electronic delivery of products and services required for origination, settlement, and post-closing. SharperLending bundles Stewart's title, escrow, closing, flood determination, and appraisal services at a single point of entry through its interface with the vendor's back-end system. The platform enables Stewart to integrate with lenders who prefer either a national or a local agent solution. In addition, the SharperLending platform offers Stewart as a vendor option to its more than 2,000 originators. The companies can be found on the Web at http//www.stewart.com and http://www.sharperlending.com.
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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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President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for FHA- or USDA-backed mortgages.
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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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