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Figure hires Ronald Chillemi as its first chief legal officer

Housing Wire

Figure Technology Solutions , the parent company of Figure Lending LLC , announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Chillemi has more than 25 years of experience in regulatory affairs, government relations and compliance across a number of fintech companies and law firms.

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CFPB rule applies mortgage protections to clean energy loans

Housing Wire

PACE loans are typically marketed via door-to-door sales by independent brokers who work with contractors who perform the modernization and enhancement work. Homeowners deserve to know just how much they are paying when they put their home and financial future on the line.

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Here’s another estimate of the financial losses from the LA wildfires

Housing Wire

These are the two most destructive wildfires in modern California history, and probably the modern history of the country, I would imagine, said Jesse Gundersheim, senior director of market analytics for Orange County and the Inland Empire at CoStar Group , the parent company of Homes.com. billion in value.

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EasyKnock’s defamation suit dismissed in Texas

Housing Wire

After the company failed to have new council file an appearance, the court dismissed EasyKnocks defamation lawsuit against law firm Feldman & Feldman last Monday. According to Feldman & Feldman, EasyKnocks defamation suit forced the law firm to withdraw from the truth in lending suits it was involved in.

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Why the CFPB’s enforcement pause is not a free pass for lenders

Housing Wire

If IMB executives fail to recognize this, they may risk legal and financial consequences. Many of these laws provide for damages and attorney fees , making enforcement an attractive option for plaintiffs attorneys. Even if the CFPB remains inactive, the statutes governing our industry remain fully enforceable.

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Judge sides with trade groups, halts new CRA rules

Housing Wire

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to court documents reviewed by HousingWire. Each of the agencies are named as defendants in the case.

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Figure Technology Solutions Taps Ron Chillemi as Chief Legal Officer

Appraisal Buzz

Ron Chillemi has joined non-bank HELOC provider Figure Technology Solutions as its first chief legal officer and corporate secretary, where he will oversee the company’s legal and compliance functions. The post Figure Technology Solutions Taps Ron Chillemi as Chief Legal Officer appeared first on MortgageOrb.

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