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eClosing, AI, Portfolio, and Non-QM Products; Conforming Updates

At the Ides of March, inflation is pervasive. Today rumors are swirling that Tom Brady ended his retirement because of not being able to afford to retire given the price of gasoline (more in Capital Markets section below), and I head to the home of Holiday Inn: Memphis, Tennessee. (Yes, the title of the song is a little misleading; it spot-on focuses on Tennessee.) Millions in China have re-entered COVID lockdown, once again impacting the supply chain. Russia continues to batter Ukraine, with its terrible loss of human life, impacting the worldwide price of oil and other commodities. We’re watching it all happen in real time, through the use of technology. In this country, Census Bureau construction surveys (brought to you since 1959) are being upgraded with satellite images to provide instant updates on projects at every stage of construction from start to finish down to the county and metro level for the first time. The changes will modernize nearly every aspect of the con ....

United States , Mike Vough , Freddie Mac , Anjelica Nixt , Tom Perry , Wesley Rood , Nicole Brown , Stacey Norman , Lynn Bristow , Robert Moretti , Fannie Gses , Tom Brady , Fannie Mae Homeready , Fannie Mae , Monthly Building Permit , Mortgage Technology , Census Bureau , First Guaranty Mortgage Corporation , Federal Reserve , Homeowner Assistance Fund , National Retail Fulfillment , Enterprise Single Family Seller Services , Holiday Inn , Northpointe Bank , Angel Oak Mortgage Solutions , Maverick Solutions ,

Wells Fargo-backed fintech Maxwell hires former Fannie Mae lawyer

The company appointed regulation and compliance expert Sonny Abbasi to serve as general counsel following a fund-raise of $52.5 million earlier in the quarter. ....

United States , John Paasonen , Sonny Abbasi , Department Of Housing , Fannie Mae , Wells Fargo Strategic Capital , Maxwell Capital , Structured Finance Group , Career Moves , Industry News ,

Maxwell Using $52.5M Raise To Help Smaller Mortgage Lenders

Local knowledge and relationships could give smaller lenders a leg up in purchase-mortgage driven market if they have the right technology. ....

John Paasonen , Maxwell Financial Labs Inc , Maxwell Lender Solutions Inc , Wells Fargo Strategic Capital , Rotor Capital , Maxwell Financial Labs , Maxwell Capital , Maxwell Diligence ,