Clayton Holdings, a provider of loan due diligence, surveillance and consulting services to the mortgage industry, named Joe D’Urso president and chief operating officer of the company.
In this role, D’Urso will oversee all of Clayton’s U.S. business units.
He has 23 years of experience in the financial services industry having served in leadership roles for companies such as Merrill Lynch and Goldman Sachs.
Even as home equity withdrawals hit a two-year high, utilization rate remained less than half of normal, ICE Mortgage Technology said.
Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.
The joint venture with Smith Douglas Homes will expand Loandepot's market presence in states including Georgia, Alabama and Texas.
Flueid, which provides verification of title services, has raised $8.3 million of new capital, with lead investor LiveOak Ventures along with Gilbert's Detroit Venture Partners.
Mortgage professionals are focusing on housing policies and the Federal Reserve this November.
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
