Poached LOs sue former lender for email surveillance

A loan officer couple under fire in a poaching lawsuit is suing their former lender for allegedly scraping their private emails to make their case.  Processing Content Ashley and Christopher Hoehn sued Stockton Mortgage this week in federal court for computer fraud, adding another layer to a legal battle between the parties. The Alabama-based couple, […]

Poached LOs sue former lender for email surveillance Read More »

Arizona housing reform push would curb HOA, design mandates

After failing to turn starter-home legislation into law, Arizona lawmakers are advancing two bills that would curb local control over design standards, homeowners associations and contractor licensing – a renewed attempt to chip away at costs amid the state’s housing shortage. Lawmakers are close to passing a measure that would strip municipalities of much of

Arizona housing reform push would curb HOA, design mandates Read More »

Fannie, Freddie place large bids for mortgage-backed securities

Fannie Mae and Freddie Mac have begun placing sizable orders to purchase mortgage-backed securities, stepping into a market roiled by widening bond spreads and a surge in volatility, according to a person with direct knowledge of the matter. Processing Content The government-controlled entities are moving to capitalize on a sharp selloff while expanding their already

Fannie, Freddie place large bids for mortgage-backed securities Read More »