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Better exec tapped to lead PLACE, Envoy Mortgage operations

A Better Home & Finance executive who helped the digital lender rebound to billion-dollar origination volume will lead a new lender and real estate platform.  Processing Content Chad Smith was appointed CEO of Envoy Mortgage and president of real estate platform PLACE’s mortgage and financial services division, the companies announced Tuesday. The veteran industry leader […]

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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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