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RE/MAX lays off 7% of staff in reorg

Housing Wire

In the same filing, RE/MAX announced that it had let go of Adam Grosshans, the firm’s principal accounting officer, as part of the reorganization. She was also appointed as RE/MAX’s new principal accounting officer. Denver -based real estate giant RE/MAX announced that it was laying off 7% of its staff on Friday.

Principal 367
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Qualia launches an API to track title orders

Housing Wire

According to Qualia, platform users can use these capabilities to design custom client experiences, track performance, productivity and revenue, and pipeline across clients and settlement agency branches. As part of that, we continue to develop technology that helps businesses engineer full end-to-end purchase and refinance experiences.

Title 359
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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. from Smith College, an M.P.A.

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Companies with MISMO RON certificate double in three months

Housing Wire

Originally introduced in April, the MISMO RON compliance certification was designed to assure RON tech providers meet a universal set of standards including credential analysis, borrower identification, capturing and maintaining a recording of the notary process electronically, audio and video requirements, record storage and audit trails.

Principal 425
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CFPB wants lenders to disclose reason for denial of credit

Housing Wire

The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. The designers historically have been unwilling to tell lenders all the factors used and how they are weighted,” Kully said. There is no exception,” it added. Presented by: Mortgage Coach.

Lending 413
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Why it’s time for the housing industry to get serious about climate risk

Housing Wire

And the Federal Reserve has asked the nation’s six largest banks to participate in a climate scenario analysis designed to measure and manage climate-related financial risks. For decades, the housing industry has viewed climate risk as a fairly straightforward issue. You build the home to code. You use the right comps to appraise it.

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Mortgage lenders need to lean in to consumer expectations

Housing Wire

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgages 386