HSH Market Trends report: Stability for fixed mortgage rates

National Mortgage Professional

May 11, 2008

Jason Gillespie joins Southwest Securities as SVP, mortgage purchase credit managerMortgagePress.comSouthwest Securities FSB, Jason Gillespie, Jason Gillespie, CMB, has joined the national mortgage purchase division of Southwest Securities FSB as senior vice president, mortgage purchase credit manager. Gillespie has nearly two decades of experience in finance and mortgage banking. His background includes production, secondary marketing, operations, credit management and compliance. Along with his designation of Certified Mortgage Banker (CMB), he is also a graduate of the School of Mortgage Banking and the Future Leaders Class of 2006 of the Mortgage Bankers Association (MBA). Gillespie serves on both the Loan Production and Secondary Marketing committees for the MBA and has been an instructor at the School of Mortgage Banking. For more information, visit www.swsgroupinc.com.

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May 11, 2008

Tech

Big Purple Dot 'Hires' ChatGPT

Company integrates AI-powered chatbot with its customer relationship management platform.

An AI-powered chatbot now has a job managing customer relations in the mortgage industry. Big Purple Dot (BPD), an Irvine, Calif.-based provider of customer relationship management (CRM) and recruiting solutions for the mortgage and real estate industries, said Thursday it ...

Regulation and Compliance

CFPB Issues Final Rule For Reporting Small Business Lending Data

The rule could affect mortgage originators who work with property investors.

The Consumer Financial Protection Bureau (CFPB) said Thursday it has issued a final rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination. While residential mortgage lenders were alrea...