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Rechat hires Audie Chamberlain to lead strategic growth
Chamberlain will oversee Rechat’s growth strategy, brand positioning, social media, and go-to-market planning.
Bringing origination and servicing together with AI
The mortgage industry has undergone significant changes over the past few decades. One of the most notable has been the separation of origination from servicing. This decoupling was initially driven by the desire for greater efficiency, specialization and the need to respond to growing regulatory and market pressures. However, recent technological advances, especially in artificial intelligence (AI), are prompting many in the industry to reconsider this dividing wall.
Appraisal Institute fires executive accused of sexual misconduct
The Appraisal Institute (AI) executive facing multiple allegations of sexual misconduct is no longer serving in his position.
State governments push to scrap the new LLPA fee changes
Fiscal officers from 27 states are calling on the Biden administration and the FHFA to scrap the LLPA fee changes that went into effect May 1.
JPMorgan Chase to acquire First Republic Bank
Before the market opened on Monday, federal regulators seized troubled First Republic Bank and sold it to JPMorgan Chase.
Housing Market Tracker: Spring inventory grows
Looking at last week’s numbers, the fear of not having an increase in housing inventory this spring should be put to rest.