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2020 HW Tech Trendsetter: Paul Akinmade

Housing Wire

In his role, Akinmade is intimately involved with many of CMG Financial’s technical and consumer initiatives with hands-on involvement in designing the experience, managing development, training, marketing and ensuring a successful deployment. The post 2020 HW Tech Trendsetter: Paul Akinmade appeared first on HousingWire.

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loanDepot VP Brian Covey moves to Revolution

Housing Wire

Covey, who announced the change Monday via a LinkedIn post , joined loanDepot in 2018 and led the sales teams in Tennessee, Alabama, Mississippi and Louisiana, recruiting and training more than 200 sales and operations team members. He also provided training to loan originators.

Training 382
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OneMain Financial to pay $4.25 million to New York State over cybersecurity lapses

Housing Wire

million penalty due to lapses in its cybersecurity controls by “failing to effectively manage third-party service provider risk, manage access privileges, and maintain a formal application security development methodology.”

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FGMC COO on why leaders invest in their greatest asset: their people

Housing Wire

During her third year at FGMC, Gonzalez was recognized by HousingWire as a 2020 Vanguard. What is your company doing to develop the next generation of leaders? They are our largest asset and we work diligently to identify key talent, develop career pathing, and invest in overall human capital.

Investing 348
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Shaun Donovan is named Enterprise Community Partners CEO

Housing Wire

Department of Housing and Urban Development ( HUD ) and former director of the U.S. Donovan, who served during the full eight years of the Barack Obama administration, bring to the role nearly three decades of housing policy and community development initiative experience. Shaun Donovan, the former secretary of the U.S.

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Rocket Mortgage prepares for a slowdown

Housing Wire

billion in closed loans in the first quarter of 2020, more than double its originations in Q1 2020. billion, a dramatic increase from the $99 million in profit the first quarter of 2020. billion in the first quarter of 2020. billion through its TPO channel, and its gain-on-sale margin was 1.93%, up from 0.79% in Q1 2020.

Mortgage 409
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What MBA’s forecast means for mortgage originators

Housing Wire

Michael Fratantoni and his staff made national news at the MBA’s annual virtual convention, releasing a projection for 2020 of $3.18 2021 is expected to show refinance volume being cut nearly in half by just over $800bb, almost 50% of 2020. Purchases in 2021 should be roughly $350bb larger than 2019, and $120bb bigger than 2020.

Mortgage 380