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Former Fannie Mae chief named as CEO of Silicon Valley Bank N.A.

Housing Wire

After spending about 20 years as a banking lawyer, Mayopoulos joined Fannie Mae in 2009 as general counsel and corporate secretary of the government-sponsored enterprise — shortly after it was taken over by the federal government at the height of the financial crisis. Treasury and introducing new technologies to the housing finance system.

Insurance 347
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Mortgage Coach, Polly team up amid a rapidly shrinking industry

Housing Wire

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. The goal is to help drum up business for lenders during an extremely challenging time in the industry. .

Mortgage 369
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Shellpoint’s Debbie Thayer to speak at Spring Summit

Housing Wire

Previously, Thayer worked at Litton Loan Servicing, where she managed multiple functions as vice president of loan administration, before moving to loss mitigation as vice president just prior to the mortgage crisis in 2009.

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What happens when borrowers have more control of the lending process?

Housing Wire

The idea behind the distributed ledger technology, called FormFree Chain, is to provide faster close times and more choice for both loan seekers and lenders by giving consumers access to their own Financial DNA. More than 3,000 lenders and partners are already working with FormFree, Chandler said.

Lending 401
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RON is here to stay – Here’s what you need to know

Housing Wire

While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward. The process includes a notary and a document signer using secure audiovisual and digital signing technology to finalize any financial document.

Law 335
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Gary Keller testifies to close out week two of commission lawsuit trial

Housing Wire

After reaching 3% in 2008 and 2009, it fell to 2.72% in 2019. ” He also noted that showing the commissions slides does not violate Keller Williams’ antitrust policy, which is designed to prevent agents from discussing commission rates with competitors. in 2010, before gradually climbing to 2.67% in 2019.

Agents 434
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Rick Roque and Andrew Maas on what AI can and can’t solve

Housing Wire

Andrew Maas: AI refers to a broad category of technologies that can be used for a lot of different things. Because basically, where we are today, there is a tremendous amount of new use cases which are enabled by the technology advances and the large public models that are available with friendly commercial licensees now.

Training 285