The Securities and Exchange Commission appointed a new chair and set of board members Friday to the Public Company Accounting Oversight Board. Processing Content It named Demetrios “Jim” Logothetis as chairman, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members. PCAOB acting chair George Botic will continue as acting chairman until Logothetis is […]
SEC names Mark Calabria to PCAOB board Read More »
The abundance of sellers in the housing market has given buyers a major advantage, leading to record discounts, according to a new industry report. Processing Content The average homebuyer who purchased a home below the asking price last year received a 7.9% discount, the largest since 2012, Redfin found by comparing original list prices with
Home discounts hit highest level since 2012, Redfin finds Read More »
Fairway Independent Mortgage Corp. agreed to resolve alleged violations surrounding unlicensed lending activity that occurred at one of its California branches earlier this decade and pay $160,000 in penalties. Processing Content In 2021 and 2022, unlicensed branch employees were alleged to have conducted origination activity that was only permitted to be carried out by licensed
Fairway agrees to financial penalty over unlicensed LOs Read More »