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Senate ‘referee’ says CFPB funding can’t be cut through budget reconciliation
The parliamentarian said that moves to zero out the CFPB budget will require 60 votes and not a simple majority, complicating the path ahead.
Evergreen Home Loans welcomes Jon Stacy as new regional manager
Jon Stacy takes on the role and will “anchor” the company’s expansion in the Midwest, Evergreen’s Robert Lipston confirmed
Former Sprout Mortgage executives likely to be dismissed from lawsuit
A federal magistrate judge has recommended dismissing three former executives from the case with prejudice, meaning they cannot be sued again
UWM’s Jason Bressler on finding the real ROI in AI
UWM CTO Jason Bressler talks about how he’s leveraging AI and what the evolution of that tech looks like.
After retirement, reverse mortgage pro goes from LO to customer
Jim Cullen, who recently retired from the reverse mortgage industry, shares his experience becoming a customer after two decades of originating loans.
Former G-Rate employees allege toxic work environment: Chicago Tribune
Dozens of former employees at Guaranteed Rate say the mortgage lender has fostered a toxic work environment. The company denies the allegations.
New home sales report boosted by positive revisions
The new home sales report came in as a miss of estimates at 803,000, but positive revisions make the report much better than the headline.
Cloudbusting: eXp more than doubles profits in 2021
Net income at eXp was $81 million for 2021, according to a virtual world earnings call Thursday livestreamed on YouTube. That’s a 162% jump from $31 million in 2020 profit.
