Author name: Ricky Vasquez

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Ex-CFPB official nominated to lead NJ consumer affairs

Christopher Peterson, a former Democratic gubernatorial candidate in Utah and former advisor at the Consumer Financial Protection Bureau, has been tapped to lead New Jersey’s Division of Consumer Affairs. Processing Content What’s at stake: The appointment is part of a growing trend of consumer experts moving into state roles as federal consumer oversight stalls. Key […]

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Judge grants Zillow motion to dismiss RESPA, RICO lawsuit

A federal judge granted a motion to dismiss one of the lawsuits accusing Zillow of a kickback scheme that steered borrowers to its more expensive in-house financing business and affiliated agents. Processing Content U.S. District Judge James Robart found the complaint lacked statutory standing for a Real Estate Settlement Procedures Act claim and the plaintiffs

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Brett Ludden of Milliman

Milliman gains MSR hedging scale with Blue Water buy

Milliman has acquired from Apex Analytics the Blue Water mortgage servicing rights valuation and hedging business. Processing Content Terms of the deal, which closed on July 24, were not disclosed. This was the only portion of Blue Water included in the transaction, said Brett Ludden, managing director and head of mortgage solutions at Milliman. “There

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