• Dark Matter’s Vikas Rao on the nature of shifting mortgage work in the era of AI,Sarah Wolak

    Dark Matter’s Vikas Rao on the nature of shifting mortgage work in the era of AI

    On Thursday, Dark Matter Technologies announced the promotion of Vikas Rao from chief technology officer to CEO, with Rao replacing Sean Dugan. At the same time, the Florida-headquartered company announced layoffs impacting 5% of its workforce. The roles affected were not immediately announced. Rao,

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  • Maine becomes first state to impose consumer safeguards on home equity investments,HousingWire Automation, Neil Pierson

    Maine becomes first state to impose consumer safeguards on home equity investments

    Maine Gov. Janet Mills this week signed LD 1901, making Maine the first state to enact comprehensive consumer protections for home equity investments (HEIs), which the new law defines as “shared appreciation mortgage loans.” The bill, titled “An Act to Regulate Shared Appreciation Agreements Relatin

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  • Couple volunteers at ninth hole for ninth year at Heritage golf tournament,Cam McCann

    Couple volunteers at ninth hole for ninth year at Heritage golf tournament

    BLUFFTON, S.C. (WTOC) - Nine years, nine holes, nine irons.Halfway through the Heritage golf course, Rick and Pat Washnock have found their place as volunteers at the ninth hole.The Bluffton couple are two of 1,800 volunteers who serve at the Heritage. This is Rick’s ninth year working at the first

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