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Hladik, Chair, Legal League This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Hladik serves as Chair of Legal League , and is a Partner at Hladik, Onorato & Federman LLP. Q: What were some of the key accomplishments of Legal League in 2024?
Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. Stacie Herron, the firms chief legal and administrative officer, has been serving as interim chief operating officer. Willis is now serving as the firms chief leadership officer.
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. Its technology is available to homeowners in 47 states and Washington, D.C., allowing for the funding of a HELOC in as little as five days.
Tax payment history, legal documents and zoning information are also available at the push of a button. “With decades of experience serving property professionals, we understand the need for trusted, top-tier data, AI technology and industry leading solutions that keep pace with a dynamic real estate landscape.”
Legal and financial troubles are piling up for mortgage fintech lender LoanSnap , with the company having been recently evicted from its headquarters in Southern California. The news was previously reported this week by TechCrunch.
Grid151 , a technology products provider for the mortgage and real estate industries, has acquired Simply Secure Sign , an eClosing technology platform, the company announced Tuesday. Maura Healey signed legislation legalizing remote online notarizations ( RON ) last March while California looks poised to pass RON legislation soon.
The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of legal requirements lenders must adhere to when using artificial intelligence (AI) or “other complex models” when making decisions about the creditworthiness of borrowers. There is no special exemption for artificial intelligence.”
MLS Technology Holdings (MLSTH) , a joint venture of four MLS organizations with nearly 150,000 members, initiated an alternative to bankruptcy earlier this month to facilitate the sale of Remines assets, according to legal filings first reported by Inman. million.
A 2021 Tech100 Mortgage honoree, Stavvy is helping organizations navigate complex financial and legal transactions easily and safely, allowing servicers to put customer experience at the forefront during tough times like a global pandemic. “In Our technology is helping servicers do what they do best — serve their clients anywhere, anytime.
Keller Williams legal battle with former CEO John Davis is heating up. Davis own legal battle with his former employer began because of sexual misconduct allegations made against him by Inga Dow, the CEO of various Keller Williams offices, in 2022, three years after he left the firm.
Beyond that, technology continues to evolve, yet those solutions do little to streamline processes and deliver actual returns. Professionals should also leverage technology to give clients the best experience for the biggest decision of their lives. But to execute at scale will require support from cutting-edge technology applications.
In some cases, AI and other digital tools have also been used to create convincing forgeries of documents or to automate the process of generating fake deeds and other legal documents. For example, in the case involving Graceland, the scheme was unveiled only after a vigilant legal challenge by the estates trustees.
The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. This article delves deep into how blockchain is set to revolutionize appraisals, offering a fresh perspective to technology professionals keen on staying ahead of the curve.
These financial agents would then be legally empowered to put a hold on suspicious spending and refer the case in question to law enforcement. The measure would train bank tellers and other bank employees; investment brokers and advisers; and others dealing with the finances of older New Yorkers, in how to spot exploitation, Newsday reported.
Things are ramping up in the legal battle between Move Inc. the parent company of Realtor.com ), CoStar Group (the parent of Realtor.com rival Homes.com ), and James Kaminsky, a former Realtor.com employee who now works for Homes.com.
Servicing teams must manage shifting delinquency rates, regulatory demands that may pivot with each new administration, and ever-increasing operational costs while keeping their fingers on the pulse of the modern consumer and advancing technology. Providing guidance and support during this process will be crucial for servicers in 2025.
The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program.
She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I The new executive’s management duties will include financial reporting, budgeting, forecasting and risk management.
provides support, human resources, information technology and in-house legal services for the other firms in exchange for a fee. The six firms are wholly owned by Harold Crye, but according to the court filing, they are independent companies with their own management teams and they keep separate accounting records.
The load carried by Redfins legal team just got a bit lighter. In the suit VCA claimed that Redfin is using technology that infringes on two of the companys patents (No. The patent infringement suit filed by Virtual Creative Artists (VCA) over the system Redfin uses to power its listing portal has been dismissed. VCA notified the U.S.
Exploring the Evolution of Mortgage Law As a former Deputy Attorney General, Stephen Hladik has been at the forefront of major legal shifts in mortgage law. Loss Mitigation Strategies: Hladik emphasizes the importance of innovative loss mitigation solutions to help servicers navigate default scenarios and avoid costly foreclosures.
I know that this year, to say the least, has been quite a memorable year,” said Charlie Lee, NAR’s senior counsel and director of legal affairs. They may also need to embrace new technology. This could mean that more MLSs will sign data sharing agreements , ensuring that data is comparable and compatible across different companies.
Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to quantify the number of homes destroyed and measure the financial repercussions of the wildfires.
Now in its 13th year, the Tech100 program serves as a trusted resource for housing professionals, providing a definitive list of the industrys top technology providers. These companies are at the forefront of solving the biggest challenges mortgage professionals face every day. Check out the full list of this years honorees below.
MoxiWorks , a real estate technology platform for agents , announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Elfman most recently served as CEO and co-founder at Onit , a provider of AI-based workflow automation and enterprise legal solutions.
Kahane & Associates PA is a full-service law firm based in Sunrise, Florida, that represents secured and unsecured creditors and provides a full range of legal industry, from foreclosure and bankruptcy representation to litigation, evictions, collections, loss mitigation, and REO closings. Kahane Esq. , Kahane Esq. ,
Recognizing the most innovative technology providers in the mortgage industry, MortgagePoints Tech Excellence Awards highlight the companies that have developed cutting-edge solutions, improved operational efficiencies, and have enhanced the mortgage process through technology.
million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. When announcing earnings in early February, company executives commented on the legal battle. PennyMac Financial Services has paid $158.4
A little over a month after technology startup executive Eric Elfman replaced MoxiWorks founder York Baur as CEO, the real estate technology platform provider appears to be undergoing a round of layoffs. Impacted employees at MoxiWorks took to LinkedIn last week to discuss the layoffs and share their job search goals.
The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. It also utilized technology tools and worked toward creating innovative solutions such as Buy & Borrow Bundle.
Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. Technology is changing so fast in the real estate appraisal industry, it is almost a full-time job just keeping up with it.
The technology at the center of CoStar’s offering is “CoStar Sync,” which “allows data from locally stored databases to be rapidly and efficiently accessed through CoStar’s multiple product platforms,” the complaint reads. CoStar also seeks monetary damages stemming from the costs and legal fees resulting from the suit.
Despite having a 100-plus-year history, the title industry is now embracing some of the newest technologies on the market, including artificial intelligence. Additionally, while some have predicted that AI technology will take jobs away from title industry professionals, survey responses revealed that most disagree with this outlook.
Stone Point is a financial services-focused private equity firm with stakes in companies such as Long Wolf Technologies and Homepoint. Evercore is serving as financial advisor to CoreLogic and Skadden, Arps, Slate, Meagher & Flom is serving as the company’s legal advisor.
Current research is being conducted within the Federal Reserve Board’s “TechLab” on innovations in alternative technological payments and projects, according to the release. In a release on Thursday, the Federal Reserve detailed some of the research it’s doing on the benefits and risks associated with central bank digital currencies.
California Regional MLS (CRMLS), the largest MLS in the country, has teamed up with technology provider Immobel to roll out two new products, MLS Match and Xomio, the company announced on Wednesday. The platform ensures legally binding referrals and secure sharing of client’s information.
Zillow announced the release of an open-source tool, the Fair Housing Classifier , on Tuesday as part of the company’s efforts to “promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology.“ System developers have the ability to intervene in these cases.
Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. We are adding resources to engineering, security and trust, product, industry relations, legal, compliance and more. Presented by: Sagent Lending Technologies.
The return to working foreclosure is a perfect opportunity for those in the industry, whether on the servicing or legal side, to examine ways to improve efficiencies, stay compliant and keep up with demand. Jeremy Potter Head of Legal and Capital Markets, Stavvy. Matt Sluggett Director of Product, Stavvy.
Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to send pre-validated refinance opportunities. KEEP’s proprietary technology will create the easiest refi process ever — providing opportunity to the broker and significant savings to the borrower.
” States allow agents to legally handle pocket listings, but in 2020 the National Association of Realtors (NAR) banned pocket listings with its Clear Cooperation Policy (CCP). Pre-market and off-market listings have caused some controversy in the real estate industry. Some agents call any non-MLS listings “ pocket listings.”
Iannitti is credited with automating the loan document preparation, management, and delivery processes; pioneering eVault and eSign capabilities; introducing the first end-to-end eClosing platform; and many other notable mortgage technology advancements. My condolences to his family and to the team at DocMagic.”
“With Notarize integrated directly into the platform, Snapdocs gives all parties the technologies they need to complete a digital closing. 5000 list, connects all parties and technologies involved in a mortgage transaction to complete the closing process online. Notarize, ranked No.114 114 on the Inc.5000 million in the U.S. —
Homie Technologies’ bombshell antitrust lawsuit has one fewer defendant. On Friday, the brokerage notified the court that it was voluntarily dismissing Wasatch Front Regional MLS , which does business as UtahRealEstate.com , from the suit.
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