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State financial regulators and FHFA enter mortgage information sharing agreement

Housing Wire

The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to nonbank mortgage companies. It also entered into a similar MOU with the U.S. Department of Housing and Urban Development (HUD) in 2013.

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Loan Factory sued by originators for alleged use of unauthorized information

Housing Wire

California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an attempt to drive business. He declined to comment further.

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loanDepot accuses ex-COO Tammy Richards of stealing customers’ information

Housing Wire

California-based nonbank lender loanDepot is suing former chief operations officer Tammy Richards for breach of contract and fiduciary duty, accusing her of stealing confidential information concerning the lender’s customers. 30, 2020, and informed loanDepot that she needed to take an immediate leave of absence.

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Robert Howerton joins Dovenmuehle as chief information officer

Housing Wire

Dovenmuehle Mortgage , a top mortgage subservicing company, has appointed Robert Howerton as chief information officer to oversee the company’s IT infrastructure, the company announced on Tuesday. His responsibilities will include maintaining and expanding Dovenmuehle’s current information technology (IT) infrastructure.

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Informative Research Integrates Veri-Tax With its Platform

Appraisal Buzz

Informative Research , a provider of borrower verification solutions and data, has integrated Veri-Tax , a provider of income and employment verifications, with its platform, thus giving mortgage lenders access to advanced validation tools that elevate the accuracy and reliability of borrower information.

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Stewart Title acquires Informative Research for $192M

Housing Wire

Stewart has acquired Informative Research , a mortgage-focused data and analytics tech company based in Houston, the companies announced on Thursday. Informative Research said the deal, which is subject to regulatory approvals, values IR at about $192 million. And this one’s a big one. That’s up from $54.2 million, at $1.44

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ALTA promotes first chief information officer

Housing Wire

The American Land Title Association announced the promotion of Vice President Kelly Romeo to senior vice president and the newly created role of chief information officer. The post ALTA promotes first chief information officer appeared first on HousingWire.