The Mortgage Collaborative (TMC), a member network comprised of independent mortgage banks, federally insured banks, credit unions and mortgage service providers, on Friday announced its appointment of Jodi Hall as CEO and president. Hall, who has nearly 30 years of mortgage industry experience, is the founder of DandaRoad Consulting, a firm that specializes in advising…
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Redfin has come under fire for the system it uses to power its listing portal. In a lawsuit filed on Wednesday by Virtual Creative Artists (VCA) in U.S. District Court in Seattle, Redfin is accused of illegally infringing on patents held by VCA. In the suit, VCA claims that Redfin is using technology that infringes…
Guaranteed Rate Affinity announced on Friday that it has hired Andy Ward as its originating manager in Cottleville, Missouri. Ward brings a proven track record of success and leadership in the mortgage industry. The 25-year mortgage leader reportedly joined Guaranteed Rate Affinity to align with the company’s technological growth and expansion efforts. “GRA’s cutting-edge tech…
Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses — including the Southern California wildfires and hurricanes Milton and Helene in the Southeast — are not expected to heavily impact paid claims experience or credit ratings for mortgage insurers. The ratings agency said in commentary released Thursday…