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Lending.com Hires New General Counsel

Lending.com, a lending-as-a-service platform recently appointed Liz Verrier as General Counsel. According to the company, in her new role as Lending.com's Chief Legal Officer, she will provide legal guidance to their board of directors and upper-level management.

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High-LTV Lending Dominates FHA & VA Programs

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According to Black Knight Financial Services, Inc., latest Mortgage Monitor Report, high LTV purchase originations rose 20 percent in the third quarter of 2015, compared to the 13 percent increase in the purchase market overall.

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Xome CEO Kal Raman Resigns

Kal Raman has resigned his position as President and CEO of Xome Holdings, LLC, and its subsidiaries, according to an 8K filing by Xome's parent company, Nationstar Mortgage Holdings, with the Securities and Exchange Commission (SEC). Xome and its subsidiaries are wholly-owned subsidiaries of Lewisville, Texas-based Nationstar Mortgage Holdings. Raman originally joined Nationstar Mortgage as the CEO of another one of its subsidiaries, Solutionstar, in November 2014.

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Lawmakers Urge TRID Grace Period Before New Year

The Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosures rule have been in effect since October 3, 2015, and despite the expected stumbles here and there, the rule has not caused any major catastrophes in the mortgage industry—just yet.

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