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Author name: Ricky Vasquez

Richard Horn attorney

Former CFPB counsel: Agency is doing more than you think

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The Consumer Financial Protection Bureau is still impacting the mortgage industry, despite a lack of examinations or investigations and the threat of a mass firing.  The regulator under Acting Director Russell Vought has continued to provide regulatory guidance to financial institutions, and even defended some actions put forth by the prior Chopra-led bureau. Richard Horn, […]

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CrossCountry Mortgage launches dedicated builder division amid new-home surge

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CrossCountry Mortgage (CCM) has launched a dedicated homebuilder division and made a “significant investment” in the new unit as it targets more business from builders and consumer buyers, the company announced Wednesday. The Cleveland-based lender said the expansion is meant to deepen relationships with builders nationwide and deliver loan products tailored to both builders and

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CoStar pushes back on activist investors’ reporting criticism

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Tensions between CoStar Group and activist investors at The D.E. Shaw Group intensified this week — with both sides issuing public statements defending their positions and criticizing the other’s. On Tuesday, D.E. Shaw accused the real estate data giant of mismanaging capital, eroding shareholder value and reducing transparency around its Homes.com venture. “The segment reorganization

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