Mortgage technology pioneer Michael Jackman has been named to the advisory board of LogicEase Solutions Inc., San Francisco, according to the company's ComplianceEase division.Mr. Jackman was most recently president and chief executive officer of Interlinq Software Corp., a software development company serving the mortgage industry. Mr. Jackman also served as president of Fiserv Inc., where he developed the company's electronic commerce strategy. During his tenure at HNC Software Inc., now a part of Fair Isaac, Mr. Jackman "played a key role in the design and development of Falcon, the most advanced consumer credit fraud detection system in the world," ComplianceEase said. In addition, the company said Mr. Jackman pioneered the electronic fulfillment of real estate information products and services in the 1980s.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
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The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
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The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
July 3