NEXA Lending names Geri Farr CEO, Mike Kortas moves to executive partner

NEXA Lending announced on Tuesday that it has named Geri Farr chief executive officer as founder Mike Kortas transitions from the CEO role to executive partner, a move the company says is designed to separate day-to-day operations from longer-term growth and innovation. Kortas had teased the news during an appearance on the HousingWire Daily podcast, […]

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Pulte, FHFA fraud crackdown heightens counterparty vetting risks

Bill Pulte is banning people from doing business with the government-sponsored enterprises at a faster rate than his predecessors. Processing Content The Federal Housing Finance Agency has added 51 names to its Suspended Counterparty Program this year, surpassing the pace of all previous years. The suspensions show the extent of the FHFA director’s anti-fraud campaign,

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Pulte’s VantageScore push misses the real fix: tri-merge

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now Federal Housing Finance Agency (FHFA) Director Bill Pulte last week announced that Fannie Mae and Freddie Mac will accept the VantageScore 4.0 credit scoring system by conventional lenders. He made a similar announcement

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