The non-QM mortgage market, which encompasses most home loans not backed by a government-sponsored guarantee, is expected to reach the $25 billion mark this year in private-label securitization volume. Over the next several years, however, assuming interest rates continue to tick upward absent great volatility, the non-QM (or non-qualified mortgage) market has the potential to…Continue Reading
Layoffs swept through Freedom Mortgage’s Fort Mill, South Carolina office last Friday, sources familiar with the situation confirmed to HousingWire this week. The exact numbers have not been publicly disclosed, but laid off employees said it’s in the hundreds. A manager at Freedom, who requested anonymity, told HousingWire that the sales side of the Fort…Continue Reading
The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. In a Dec. 14 blog post, Fannie Mae and Freddie Mac’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA…Continue Reading
Leading legal software innovator Zylpha (www.zylpha.com) has announced the launch of its new ‘Innovation Awards’. The annual Awards scheme will acknowledge and recognise the legal practices and lawyers that have used Zylpha’s document bundling software most extensively and creatively within their practices, often digitally transforming previously manual document management systems.Zylpha AwardsCommenting on the awards, Miranda…Continue Reading
Brussels, Belgium and Islamabad, Pakistan, 15th December 2021 – Supernet Limited (“Supernet”), Pakistan’s largest satellite communications systems integrator and service provider, and Belgium based SatADSL S.A. (“SatADSL”) have announced the signing of an agreement empowering Supernet to benefit from the global service offering opportunities via SatADSL’s neXat platform.neXat is a cloud-based, complete OSS/BSS that enables…Continue Reading
SCF lays foundations for reference designs and interfaces that reflect evolving market requirements, while reducing fragmentationLondon, UK, 15 December 2021 – Small Cell Forum, the organization making high-grade mobile connectivity accessible and affordable for industries, enterprises and for rural and urban communities, today published a comprehensive overview of the components and interfaces that comprise a…Continue Reading
During the height of the pandemic in 2020, organisations intuitively weathered the uncertainty, breaking free from traditional approaches to business operation, including for business development and marketing. 2021 brought on newer challenges such as labour shortages, the Great Resignation, supply chain issues, and inflationary trends. As we go into 2022, coined the “hang over” year,…Continue Reading
New Meadows texts further implicate members of Congress in Trump plot to overturn election02:05Cheney emphasis makes clear: possible Trump federal crime a focus of January 6th Committee05:07A bad day for Donald Trump, and it’s only Tuesday03:18Now PlayingWarnock to Senate Democrats: Bipartisanship at whose expense?06:50UP NEXT’These are no ordinary times’: Warnock calls for action to stem…Continue Reading
Cheney emphasis makes clear: possible Trump federal crime a focus of January 6th Committee05:07House votes to hold Mark Meadows in contempt of Congress10:27Rep. Crow: ‘I’ve been angry’ about new texts between Meadows & GOP lawmakers04:15Lawrence: Jan. 6 texts prove Trump allies never thought he could lead06:24Fox hosts secretly asked Trump to stop Jan. 6 attack08:46Joy…Continue Reading
In a Wall Street Journal op-ed last week, columnist Peggy Noonan attempted to make the argument that Vice President Kamala Harris is unprepared for, and unserious about, her job. She was deservedly dragged online. Noonan deployed tropes frequently used against Black women to depict the first nonwhite, female vice president as unstudious, overly ambitious and too friendly…Continue Reading