ValuAmerica, a Pittsburgh-based developer of settlement services technology and a builder of large-scale vendor management captives, has introduced a Web version of its ValuNet platform.The new software, called ValuNet xsp, enables lenders, title companies, and other settlement services providers of all sizes to access technology and products previously available only to large vendor management captives, the company said. Specifically, it gives them access to embedded settlement services providers such as appraisers, abstractors, title underwriters, credit, flood, and tax services. In addition, the product features a 50-state, ZIP-code-specific bundled pricing calculator that allows lenders to offer customized settlement service packages. The company can be found online at http://www.valuamerica.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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