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Anywhere Real Estate appoints its first ever chief product officer

Housing Wire

Prior to joining Anywhere Real Estate, Kueh’s 23-year-old career spanned numerous leadership positions, including advisor at EQBR, investor and co-founder at MYNTD, VP of products at VMware and senior group manager at Microsoft Corporation. The company also tallied $343 million in net income for 2021.

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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

We are adding resources to engineering, security and trust, product, industry relations, legal, compliance and more. How modernized servicing creates customers for life. Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators.

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Appraisal Risk and Modernization

Appraisal Today

Industry Insider Insight on Risk and Modernization. Lenders want a compliant document that allows the loan package to be sold as quickly as possible, while investors want an appraisal that allows for securitization or resale to another downstream buyer. Fannie New Appraisal Form Modernization. Worth attending. 1826 Clement Ave.

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If consumers aren’t holding lenders back, then who or what is?

Housing Wire

And while there is no legal limit on how many times a mortgage may be refinanced, closing costs and interest rate cycles effectively limit the number of times any given homeowner will pursue this option. Direct-source data holds the key to limiting lenders’ and investors’ risk exposure.

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HW+ Member Spotlight: Jeremy Potter

Housing Wire

Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation. It’s also more modern and appealing to first-time home buyers. Jobs that create houses.”

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Under this framework, mortgage investors like the GSEs would secure valuable data to inform their critical risk models that keep our housing ecosystem safeguarded.

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Nonbank lender job cuts could shorten the market downturn

Housing Wire

While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset by the impact of warehouse and investor covenants, which are causing lenders to move expeditiously to cut costs,” Jim Cameron, Stratmor Group ’s senior partner, wrote in a report published this week. “In

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