Senate bill would add unconverted crypto to mortgage underwriting equation
A new bill introduced in the Senate would require Fannie Mae and Freddie Mac to consider unconverted digital assets in mortgage underwriting. Sen. Cynthia Lummis (R-Wyo.) introduced the legislation, known as the 21st Century Mortgage Act, on Tuesday.S.B. 2471 is a response to a directive from Bill P
Longbridge hires Azita Guzzo to head up tech innovation efforts
Longbridge Financial, one of the nation’s leading reverse mortgage lenders, on Tuesday announced the hiring of Azita Guzzo as its new head of technology innovation. Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanc
Compass acquires Charlotte-based Cottingham Chalk
Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Esta
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