David Brackin has been named chief operating officer of Street Resource Group Inc., a provider of technology, information, and consulting for mortgage warehouse lenders.Mr. Brackin specializes in software development and information networks for the mortgage warehouse lending industry. Before joining SRG in 2002, he held senior management positions at several major companies, including USgift.com, a business-to-business website funded by Internet Capital Group; and Supplier Capital, a factoring software company. Street Resource can be found online at http://www.streetresource.com.
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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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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
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