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Lenders urged to build AI compliance foundations sooner rather than later
Colorado’s AI Act will regulate the development and use of AI systems in the state, with a focus on those classified as “high risk.”
Better CFO Kevin Ryan adds Houlihan Lokey role amid executive shake-up
Several senior executives in Better’s control and finance teams have taken other jobs or left the company as it navigates financial pressures.
CFPB cleared to fire 90% of staff by appeals court decision
The CFPB can go ahead with plans — announced in April — to fire 90% of its staff, a federal appeals court panel ruled on Friday.
MBA urges FHA action to reduce multifamily regulatory requirements
The trade group told HUD Secretary Scott Turner that fewer multifamily regulatory requirements could spur more construction of rental units.
How Mr. Cooper plans to power Rocket’s homeownership flywheel
Overall, Mr. Cooper delivered $88 million in net income in the first quarter, which include a negative hit of $82 million on its mortgage servicing rights (MSR) portfolio. Profits declined from $204 million in the previous quarter.
Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B
Pennymac reported lower revenue and earnings in Q1 2025, but it still has one of the largest servicing portfolios in the country.
Make U.S. housing great again: 25-year $urge
The U.S. is on the brink of a 25-year housing boom, potentially the largest in history. Fueled by demographics, demand, policy shifts, and a near-zero crash risk, this surge will redefine the American Dream. New single-family home construction, supercharged by U.S.-based technology, is set to drive explosive economic growth, building generational wealth for millions.
Top Connecticut real estate team Joins Compass
The Nancy Dauk Team was previously ranked as the top-producing team in the state, and #2 nationally at Brown Harris Stevens.
