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Government requests more time in Ginnie Mae/TCB lawsuit

Housing Wire

Other regulations require that government agencies preserve “government contract pricing structures and other details of competitively bid contracts,” the filing reads. Some of the Ginnie Mae documents may show confidential pricing information, which may need to be designated attorneys’ eyes only.

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The Week Ahead: Senate Turns Spotlight on CFPB

Appraisal Buzz

In 2011, the Secretary of the Treasury designated him as the agency’s student loan ombudsman, where he led the Bureau’s efforts on student lending issues. According to CFPB Circular 2024-03, companies use fine print tactics to try to trick consumers into believing they have given up certain legal rights or protections.

Contracts 195
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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis.

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The Top GoFormz Platform Updates of 2023

GoForrmz

New Feature] Page Elements: Add Basic Design Updates to Your Form Template What’s New? Use the Page Elements feature to make simple design changes to your digital form Template. New Feature] eSignature Fields: Collect Legally Binding eSignatures and Initials What’s New?

Legal 78
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Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

Housing Wire

Mike said he left that lender in early 2023 as a result of the ‘bucket game’ and refuses to manipulate where lead sources are coming from at his current shop. It’s the ultimate in legalized fraud. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender.

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Here are a few ideas for transforming your appraisal career in 2023. An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. Consider salary-paying opportunities.

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Loan-repurchase risk threatens future M&A deals

Housing Wire

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts.

Buyers 344