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Virginia insurance commissioner issues warning regarding AOLs
Scott White says the Bureau of Insurance has found that companies in Virginia are offering AOL products that may meet the definition of insurance.
LitFinancial introduces stablecoin to ‘modernize’ mortgage lending
Issued as an ERC-20 token by Brale, a FinCEN-registered money services business, litUSD is backed one to one with cash and cash equivalents held in reserve.
EPM names Kenny Phillips as Kevin DeLory’s successor
As EPM’s new chief sales officer, Phillips’ role includes overseeing all wholesale lending operations, product strategy and partner relations
Frank Martell moves on from loanDepot, takes CEO role at SmartRent
Martell’s job change follows a March announcement from loanDepot that Anthony Hsieh would return to lead the company.
Low-fee brokerage firms could give sellers considerable savings: CPC
The Consumer Policy Center found that home sellers could save up to $10,000 in broker fees by using a discount or flat-fee broker.
Realtor.com enters the Clear Cooperation debate
CEO Damian Eales expressed his support for NAR’s CCP but noted that his firm’s arrangement with MLSs prevents it from banning listings.
