Snapdocs, Inc. has announced a new program to empower lenders and give them the ability to more readily adopt eMortgages. The company’s solution provides turnkey technology combined with expert eMortgage implementation and change management support, the company announced. Read on for more details.

Mortgage Capital Trading, Inc., a mortgage hedge advisory and secondary marketing software firm based in San Diego, welcomes a new senior director of mortgage servicing rights services. He will be responsible for assisting company clients achieve their mortgage servicing goals. Read on for more details.

Sales Boomerang released its Q3 2021 Mortgage Market Opportunities Report. The report offers insight into the frequency of 11 of today’s top market opportunities for mortgage lenders. Read on for more details.

In a letter to Rohit Chopra, the newly confirmed director of the Consumer Financial Protection Bureau (CFPB), the Consumer Bankers Association (CBA) asked the regulator to mitigate the growing risk of consumer harm in the financial technology (fintech) lending market. Fintechs now issue nearly half of all personal loans, and CBA President and CEO Richard Hunt said it is time for the CFPB to use its tools to facilitate a level playing field and competitive markets for consumer financial products. Read on for more details.

The Consumer Financial Protection Bureau filed a complaint and a proposed consent order against American Advisors Group, a reverse mortgage lender which allegedly used inflated and deceptive home estimates to lure consumers into taking out reverse mortgages. The bureau also alleged the company violated a 2016 administrative consent order. For more details about the alleged violation, read on.

Acting Comptroller Michael Hsu addressed the Women in Housing and Finance public policy luncheon in Washington, D.C. During his remarks, Hsu spoke on making “real, meaningful, and lasting change” to promote diversity and inclusion in the financial services sector. He spoke about personal experiences, statistics, and what his agency is doing to address the issue. Read on for more details.

Freedom Mortgage is continuing to offer its borrowers free access to nonprofit and government resources through SpringFour, a social impact financial technology (fintech) company. The fintech’s self-service financial wellness platform provides access to resources from more than 20,000 local, government, and nonprofit entities. Read on for more details.

Keefe, Bruyette & Woods, a specialist investment bank to the financial services and financial technology (fintech) sectors and a wholly owned subsidiary of Stifel Financial Corp., has hired two managing directors in its fintech and financial services investment banking group. The two will focus on emerging mortgage technology and related sectors. Read on for more details.

The Federal Housing Finance Agency is restructuring its Common Securitization Solutions board to better align its corporate governance structure with its core mission. Matthew Feldman will be the interim chair of the board of managers. Read on for more details.