Figure has big plans for its loan registry, positioning it as a competition to MERS. To this point, though, Figure’s blockchain-powered DART registry has been used only in its internal platform.
Larger credit unions are increasingly acquiring community banks and reducing mortgage lending in local communities, according to the Independent Community Bankers of America.
Katie Sweeney denied allegations from the Association of Independent Mortgage Experts that she steered sponsorships and contracts away from the trade group for personal gain.