Nolan Willis has been named director of technology at Stewart Default Solutions, Houston.Mr. Willis joins SDS from REIData Inc., where he was a senior project manager for its real estate information portal. Both companies are subsidiaries of Stewart Mortgage Information, a wholly owned subsidiary of Stewart Information Services Corp. Before joining REIData, Mr. Willis held various planning and development posts in the financial services, health care, and transportation industries, SDS said. The company can be found online at http://www.stewartdefaultsolutions.com
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Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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