The U.S. Department of Housing and Urban Development (HUD) on Monday released a new guidebook that highlights support for the expansion of high-speed broadband internet service to public housing authorities, multifamily owners and operators, and Native American tribal communities in urban and rural areas. The guidebook outlines the funding program
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Mortgage CRM company Daily AI has rebranded to Aidium Mortgage CRM and launched a new CRM product, the company announced on Monday. The company’s research and analysis suggested that a rebranding, which includes updates to core products, the company’s website, marketing and communications, will represent its goals and solutions for
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After 12 months of declines, existing home sales rebounded in February, climbing 14.5% month over month to a seasonally adjusted annual rate of 4.58 million homes, according to a report from the National Association of Realtors (NAR) released Tuesday. February’s month-over-month increase is the largest monthly percentage increase recorded since the 22.4%
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Lender and appraisal management companies and other property data collection companies can now use Black Knight‘s Scout mobile property inspection as part of the value acceptance plus property data process. With the cloud-based Scout app, users can easily collect detailed interior and exterior property data using a mobile device, Black
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Retail lender Guild Mortgage announced Monday that Mary Ann McGarry is retiring from the CEO position in late June, remaining on the California-based lender’s board of directors after retirement. Terry Schmidt, Guild’s current president, is the successor. McGarry joined Guild in 1984 as a supervisor in internal audit and held several leadership
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Cloud-based loan origination system LendingPad has integrated with Aduvo, which provides mortgage marketing automation solutions. “In planning for the launch of Aduvo, our team knew that a partnership with LendingPad would be a strategic move for our company,” said Aduvo founder Josh Bopp in a prepared statement. Users can choose
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The U.S. Department of Housing and Urban Development (HUD) announced on Friday that it rescinded a 2020 Trump-era rule governing Fair Housing Act disparate impact claims and has restored a 2013 Obama-era “Discriminatory Effects” rule that takes aim at discriminatory practices from the housing market. In a rule that will
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Black Knight, Inc. on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. The integration with Black Knight’s digital ecosystem will give Frontwave access to technology, data and analytics solutions. These
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Flagstar Bank, a top-20 U.S. mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Signature Bank, a New York-based large multifamily lender
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Imagine if you can: It is Friday. You are out to dinner. You have looked forward to this night outsince Monday. The hostess greets you with the following: “Good evening. I need to let youknow that some of our BOH are absent. We 86’d a third of the menu in
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It is often said that the Fed raises interest rates until something breaks. Many have already pointed to the failures of Silicon Valley Bank, Silvergate Bank, and Signature Bank as evidence that the Fed “finally broke something.” While the failure of these institutions appears to have occurred without warning, the
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If you’ve never attended Gathering of Eagles before, 2023 is your year to come forge opportunities with us and all your fellow colleagues in the real estate industry. Gathering of Eagles kicks off on June 18 in Austin, Texas. This conference brings together leaders from across the housing industry. Attendees
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