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People 121319

People on the move: Dec. 13

CaliforniaCovinaLERETA LLC has hired Shannon McClaughry as vice president of customer success.McClaughry brings to the firm more than 15 years of experience in...
Bankruptcy law

Weil overbilled bankrupt Ditech by $476,000, trustee says

An internal "work-in-progress" meeting attended by eight lawyers at a cost of $5,845. Two hours of exchanging emails for $1,380. A $133.34 taxi...
People 120619

People on the move: Dec. 6

CaliforniaReddingJeff Gentry, vice president of Service 1st, has joined National Consumer Reporting Association as a newly elected member of the board of directors.He...
Treasury Secretary Steven Mnuchin

Regulators issue warning on growth of nonbank mortgage sector

WASHINGTON — The Financial Stability Oversight Council has identified the growth of nonbank mortgage origination and servicing as a new risk to the...
People 112919

People on the move: Nov. 29

AlabamaBirminghamBellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., has hired Landon Litty as director...
CFPB highlights bank/nonbank split in servicer size tiers

CFPB highlights bank/nonbank split in servicer size tiers

The nonbank share of large mortgage servicing is growing, but smaller players tend to be depositories, the Consumer Financial Protection Bureau found in...

People on the move: Nov. 22

CaliforniaIrvineCoreLogic has named Aaron Henry chief legal officer. In this role, he will oversee all global legal and compliance functions and serve on...
Growing real estate player Pretium buying Deephaven Mortgage from Värde Partners | 2019-06-18

[Pulse] With mortgage rates and bond yields low, is it time to retain mortgage...

I was talking to a mortgage banker recently about servicing and was told that, while they had considered doing so, they were not...
Carson Leonard

How CMBS lenders can stop worrying and learn to love C-PACE

Mixing C-PACE and CMBS sounds like a cocktail invented by Dr. Strangelove, but the intersection of these two financing vehicles creates unique opportunities...

People on the move: July 12

FloridaSunriseMortgage technology services provider Get Credit Healthy said that David Kittle, past chairman of the Mortgage Bankers Association, has joined its advisory board.Kittle...

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Photo credit: Getty Images/Andrii Yalanskyi

Mortgage Apps Buck COVID-19 and Trend Upward

According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, mortgage applications increased 15.3 percent from a week earlier for the week...
A rear view of a home has many doors and windows and grass around it.

Hugh Newell Jacobsen’s ‘Village’ asks $1.3M in Pennsylvania

Located in Meadowbrook, Pennsylvania, this four-bedroom, four-bath home takes an ordinary gabled house and turns it into so much more. The...
Leax Foundation - Leaxcoin (LEAX)

Why Real Estate Investors Need To Setup An Emergency Fund?

Even a well run real estate business with a good reputation and with a foresight to weigh up possible risks can still run...
Mark Podolsky

Exploring Real Estate Investments That Make The Most Sense

Paul Moore joins us on The Art of Passive Income to share valuable insight on which real estate investments make the most sense.Paul...
Coronavirus homebuying demand

A New Slower, Lower Normal, or Just a Ledge on the Way Down?

Uncertainty reigns in the real estate market right now, just like it does in the rest of American life. It’s clear that the...

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