Zillow says conspiracy, MRED and Compass say Zillow did this to itself

After exchanging post-hearing briefs late last week in their ongoing antitrust dispute, Zillow, Midwest Real Estate Data (MRED) and Compass filed replies to each others’ briefs on Monday.  In briefs filed last Thursday, Zillow alleged an “unlawful conspiracy” to cut off its access to Chicagoland listing data while defendants Compass and MRED countered that the […]

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Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer

Stockton Mortgage recently announced that it has appointed Christy Soukhamneut as its new chief strategy and innovation officer. Soukhamneut brings more than 20 years of executive leadership experience across independent mortgage banks, banks and credit unions — including prior roles with University Federal Credit Union, Texas Capital Bank and Flagstar Bank. She continues to serve

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Bank regulators issue guidance on credit risk for unauthorized workers

Federal banking regulators on Monday issued guidance to remind financial institutions of their existing obligations for managing credit risk when lending to borrowers who are not legally authorized to work in the U.S. The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corp. (FDIC) and the National Credit Union Administration (NCUA)

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