In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here’s what that potentially means for the recent slate of rules and lawsuits targeting the mortgage industry.
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Wendy DiVecchio points to disagreement with the board over LVR’s ownership of its MLS as a potential reason she was suspended, investigated and subsequently fired last week.
President Donald Trump has wasted no time implementing his agenda, having signed a flurry of executive orders and memos last week, including some that have a direct impact on the housing industry. He began last week with a memo calling for a blanket freeze on foreign aid and federal grants. A day later, he called…
Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software, which offers a loan origination system and loan management system for the private mortgage lending industry. The announcement from Connecticut-based RCN said that “the lender is looking to provide even more robust tools for its wholesale clients by investing in a state-of-the-art…