NEXA Lending CEO Mike Kortas is dismissing claims that the company misappropriated trade secrets and confidential customer data after being sued by rival lender loanDepot in federal court. The complaint alleges that NEXA knowingly assisted two former loanDepot employees in taking proprietary information before leaving the company and using it to solicit borrowers. The lawsuit […]
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Donald Trump said last week that his administration will examine how banks are treating homeowners affected by the last year’s Los Angeles wildfires, singling out Wells Fargo for criticism after meetings with local officials. In a post on Truth Social, Trump said he met with Los Angeles Mayor Karen Bass and Los Angeles County supervisor
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Long-term conditions in the U.S. housing market have made one thing clear to dv01 researchers: housing will never be affordable again. Processing Content This is the title of a report authored by Vadim Verkhoglyad, vice president and head of market intelligence and research at dv01, which is part of Fitch. The gap is substantial. The
Housing affordability ‘will never’ return, dv01 warns Read More »