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LendArch hires Karthik Kumar, TCS’s former head of mortgage

Housing Wire

Kumar was a manager at Standard Chartered Bank from 2002 to 2004. LendArch has over 30 clients, including lenders and broker firms. Clients include several top 10 lenders in the country. LendArch has a consulting arm to develop a plan for clients, for example, to reduce costs and improve their underwriting.

Mortgage 316
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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009. The facts of this case are clear, and demonstrate that our practices were compliant and that the refinance loans we provided benefited our West Virginia clients,” a Rocket spokesperson said.

Appraisal 405
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ALTA: Protecting property rights with title insurance

Housing Wire

nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Title insurance is a comprehensively regulated product.

Insurance 464
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Lamacchia Realty Opens in Fall River and Enters Bristol County Market

Lamacchia Realty

Ron and Dawn Rusin will remain actively involved in running the office particularly in the first few months during the transition and they will continue to assist clients for years to come. Ron and Dawn and all the REALTORS® at Right Choice can now grow their presence in Bristol County and Rhode Island and offer even more to their clients.

Realty 69
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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

There should be enough information in your workfile so that you know exactly what you were thinking when you developed and reported that opinion of value. This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money.

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Lamacchia Realty’s Chelmsford Location is Officially Open for Business

Lamacchia Realty

While Lamacchia has been serving clients in and around Chelmsford for decades, the brokerage is thrilled to finally be serving the Chelmsford community right from the center of town. I have worked full-time in that building since 2004 and never would have imagined that it could look so different and so spectacular. Anthony Lamacchia.

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Lenders, reach more buyers with new credit optimization platform

Housing Wire

Mike Darne, CreditXpert Mike Darne: The What-if Simulator was first introduced to the market in 2004 and it allowed credit specialists to optimize a borrower’s credit score at the tradeline level. One lender on the new platform recently reached out to our client success team asking to have eight additional users added to their account.

Buyers 380