Zaio Corp. of Canada abruptly pulled the plug on its U.S. property database unit, dismissing its top officers. The end came on Thursday when Zaio issued a press release confirming the shut down. The company said that the division's top officers, James Kirchmeyer and Douglas Vincent have resigned. Zaio, which bills itself as a technology and database company, says its secure database has 140 million property records and 24 million photographs.
HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
