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Incenter Adds New Chief Legal Counsel

Appraisal Buzz

Incenter Lender Services Chief Legal Counsel Kathleen Dutill Kathleen Dutill , an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. Parrish joined CampusDoor, one of the nation’s largest third-party student and specialty loan origination platforms, in 2016.

Legal 390
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Floify now competes directly with Equifax’s The Work Number

Housing Wire

Equifax is currently being sued by mortgage lenders First Financial Lending and Greystone Mortgage , which argue they’ve maintained a monopoly on the market. Consumer Financial Protection Bureau Director Rohit Chopra said the product rose from $20 per pull in 2016 to $90 per pull in 2023.

Retail 435
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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

In addition, the proposed rule also envisions potentially requiring mandated reporting for trusts — defined, by FinCEN, as a legal “relationship in which one person holds title to property subject to an obligation to keep or use the property for the benefit of another.”. and foreign trusts,” the agency’s proposed rule states. .

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HW Media acquires REAL Trends to combine two of real estate’s most powerful media outlets

Housing Wire

mortgage and housing markets and serves an audience of lending, servicing, investment and real estate market participants. In connection with the transaction, Goodwin Procter LLP served as HW Media’s legal counsel. Minor & Brown PC served as legal counsel to REAL Trends. About HW Media.

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Hours before its IPO fizzled, Guild Mortgage agreed to pay $25M to settle federal lawsuit

Housing Wire

Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans. It did not admit to any wrongdoing.

Mortgage 505
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EasyKnock faces consumer lawsuits and actions from state regulators

Housing Wire

District Court in Detroit, the suit alleges that EasyKnock uses a “deceptive and unfair lending scheme” to “lure homeowners with poor credit, but with significant home equity, into unlawful, usurious loans known as ‘Sell & Stay’ transactions.” EasyKnock was founded in 2016 and is based in New York City. The platform closed a $3.5

Lending 448
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Nonbank lender job cuts could shorten the market downturn

Housing Wire

Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. After origination volume plummeted nearly 86% to $2 billion in 2016 from $14.1

Marketing 397