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Cap. Mkts, Broker, HMDA Review, AI/ML Products; Recent Freddie and Fannie News

John Kenneth Galbraith said, “The only function of economic forecasting is to make astrology look respectable.” How about forecasts of how dramatic this downturn has been for residential lenders and related third parties? What is making the headlines these days are companies that are not reducing their workforce, since on the flipside nearly every lender, large and small, are having layoffs, as well as many vendors from small to large (like ICE’s cutbacks in its mortgage gro...
United States Freddie Mac Fannie Mae August Phil Rasori John Kenneth Galbraith Seth Cohen

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Consumer Watchdog Calls on Insurance Commissioner Lara to Reject Mercury's Job-Based Insurance Rate Discrimination; Challenges $131 Million Mercury Auto Insurance Rate Increase

/PRNewswire/ -- Insurance Commissioner Ricardo Lara should reject Mercury Insurance Companys proposed $131 million auto insurance rate hike and its job- and...
United States Daniell Sternberg Ricardo Lara California Department Of Insurance Department Of Insurance Mercury Insurance Company

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