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Short Takes: loanDepot Loses its Product Chief / Bill Dallas and Cloudvirga / Kudos on the Calabria Pick from HFSC Chairman Hensarling / A Candidate Himself Once? / A New Hire for Vendor Valuation Partners

December 12, 2018
Paul Muolo
Cloudvirga, at one time, was headed by industry veteran Bill Dallas...
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Short Takes: The Six Horsemen of the GSE Apocalypse / If You Have to Ask, You’re in Trouble / G-Fees Hold Steady / Plaza Home’s New Tag Line / NAMB Giving Away Software for Free

December 11, 2018
Paul Muolo
NAMB is giving away free software...
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Remote Online Notarization Poised for Growth

December 7, 2018
The use of online remote notarization for mortgage closing looks likely to increase as uniform state legislation was drafted recently and many title agents see the tech as a difference maker. Last week, the Uniform Law Commission updated its Revised Uniform Law on Notarial Acts. In states that adopt the updated legislation, notary publics would be allowed to complete notarizations remotely, including mortgage closings. Among other provisions, the law provides remote online notarizations ...
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Short Takes: What’s in a Name? Answer: $300 Million / Come On, Mick! We Thought You Were Pro-Business! / $300 Million? At Least Software Firms Will Make Out / Home Flips Headed for a Fall? / Who’s Doing Your Underwriting? / Law Firm Overcharges Fannie and

December 5, 2018
Paul Muolo and Yemeng Yang
Mulvaney has a reputation of being pro-business. Is it possible he might turn the name-change ship around to save American companies $300 million?
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Short Takes: The Hearing That Keeps Getting Postponed: GSE Pilot Programs / Remembering the Financial Accomplishments of President George H.W. Bush / Too Many Servicing Workers? / Mortgage Layoffs at SoFi / Vantage Score Hires Former Fannie Executive

December 3, 2018
Paul Muolo
Under the watch of President George H.W. Bush, S&Ls were re-regulated and given a core housing mission.
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FHA Updates EAD System, Other Appraisal-Related Components

November 30, 2018
The FHA has announced plans to improve the web-based system lenders use to submit appraisal reports to the agency.
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Around the Industry

November 30, 2018
Congress approves flood insurance extension, FHFA announces 2019 conforming loan limits, and the VA offers password-reset guidance for servicers.
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Former CFPB Deputy Director Raj Date Joins a Fintech Company

November 29, 2018
Yemeng Yang
At one time, Date headed Ethos Lending, a non-QM lending affiliate of Fenway.
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Short Takes: News Soon from Trump on the FHFA Job? / A Place-Holder / A Bright Spot, If You Can Find One / The Better Question Might Be: Who Isn’t Going Digital? / Upcoming: CFPB Advisory Board Meeting

November 29, 2018
Paul Muolo and Yemeng Yang
Joseph Otting would not be the permanent director but would be a place-holder until...
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Ellie Mae Takes Bold Step to Move All its Infrastructure to Amazon’s Cloud Platform

November 29, 2018
Ellie Mae is migrating its infrastructure to Amazon’s cloud platform in order to refocus its man-power and capital on innovation in mortgage lending instead of database management.
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