Author name: Ricky Vasquez

Bob Marseilles, senior vice president of third party originations at Evergreen Moneysource, oversees the new wholesale business BrokerBrand TPO

What it takes to start wholesale from BrokerBrand TPO exec

To run its start-up mortgage wholesale production channel, Evergreen Moneysource turned to an executive who has a broad swath of experience in third-party originations, as well as including reverse mortgages and depositories. Processing Content Bob Marseilles most recently was vice president, third party originations at First Tech Federal Credit Union. Prior to this, Marseilles also […]

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MBA files lawsuit to halt New Jersey’s disparate-impact rules

The Mortgage Bankers Association filed a civil lawsuit against the New Jersey attorney general over the state’s disparate-impact discrimination rules, claiming they pose a constitutional risk and undermine existing safeguards aimed to protect businesses. Processing Content In a complaint filed Thursday in a federal court for the district of New Jersey, MBA said it was

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What Fannie Mae UAD 3.6 highest and best use update means

Fannie Mae has updated its “highest and best use requirements” for the Uniform Appraisal Dataset 3.6 standard currently being implemented. These changes also involve reporting rental income via this standard. Processing Content The switchover, which is being phased in, requires all appraisals submitted to the government-sponsored enterprises’ Uniform Collateral Data Portal, to use the UAD

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