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Mauricio Umansky Discusses His New NAR Alternative

The Agency founder Mauricio Umansky has never been shy about pushing the envelope. In 2017, the broker, along with David Barnes, James Harris and Christopher Dyson, founded The, a national home listing site. As a firm, The took issue with the National Association of Realtors’ so-called “pocket listing ban,”

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DOJ Moves To Stop Evidence Gathering In Texas Capital Bank Case

Attorneys for the U.S. Department of Justice (DOJ) have filed a motion in the U.S. District Court for the Northern District of Texas that aims to temporarily halt the evidence-gathering process in a lawsuit brought by Texas Capital Bank (TCB) against Ginnie Mae. This is according to court documents reviewed

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Two Harbors To Launch Origination Channel Next Quarter

Two Harbors Investment Corp., a New York-based real estate investment trust, announced Tuesday its plan to launch a mortgage origination unit in the second quarter of 2024, less than a year after the company debuted in the servicing business by acquiring RoundPoint Mortgage Servicing Corp. in October 2023.   But don’t expect the firm

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Angel Oak Mortgage Solutions Taps Into HELOCs

Atlanta-based nonqualified mortgage (non-QM) lender Angel Oak Mortgage Solutions is tapping into the home equity line of credit (HELOC) market amid elevated equity levels.  Unlike traditional HELOCs that require a homeowner to have at least 20% equity in their home, Angel Oak’s HELOC qualifies borrowers based on trailing 12- or

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Corcoran Hires New SVP Of Global Development

Scott Mitchelson is joining The Corcoran Group as senior vice president of global development, the company announced on Tuesday. In his new role, Mitchelson will lead the expansion of the Corcoran brand both domestically and internationally while working closely with the Corcoran affiliate network’s existing sales team. Mitchelson will report

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