Caroline Basile

Caroline Basile

Caroline Basile is HousingWire's Online Editor. She joined HW in August 2016 as an editorial assistant. She's a graduate of the University of North Texas. Follow her on Twitter at @cbasileHW.

ARTICLES

  • CFPB considering ending public access to bank complaints

    “I don’t see anything in here that says I have to run a Yelp for financial services sponsored by the federal government," Mulvaney says
    A new report from the Wall Street Journal says the Trump administration is considering ending the public's access to a complaints database for financial companies. “I don’t see anything in here that says I have to run a Yelp for financial services sponsored by the federal government,” Mulvaney told an audience at the American Bankers Association's conference while holding up a copy of the Dodd-Frank Act.
    Read More
  • Ventanex launches PaymentIQ smart exception processing for consumer lenders

    Solution streamlines resolution, tracking of bankruptcy checks, payoffs, money orders, rejected items
    Smart transaction technology company and HW Tech100 winner Ventanex has launched PaymentIQ, a new solution that powers auto-posting and smart workflow of exception items. By enabling the application of processing methodology to cash services, PaymentIQ eliminates much of the manual work needed to correctly route, process and post exception items, the company said.
    Read More
  • Sam Khater named vice president and chief economist at Freddie Mac

    Khater to lead Freddie Mac’s team of researchers
    Freddie Mac announced on Monday that housing and economics expert Sam Khater is joining the company as vice president and chief economist, where he will lead the GSE's researchers in providing insights and analysis on economic trends and policy issues affecting Freddie Mac and the housing market.  
    Read More
  • Veri-Tax announces Fannie Mae D1C integration

    Verification of Employment/Income integrated into Fannie Mae’s Day 1 Certainty
    National verification specialist Veri-Tax announced this week the addition of Veri-Tax Verification of Employment/Income as an eligible report for Fannie Mae’s Desktop Underwriter validation service. Lenders enrolled in Fannie Mae’s DU service now with access to Veri-Tax’s Verification of Employment/Income with Day 1 Certainty, the company said.
    Read More
  • Report: Fed regulators to fine Wells Fargo $1 billion

    Penalty for megabank’s misbehavior in auto and mortgage markets
    A new report from the Washington Post says that both the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency are preparing to fine Wells Fargo about $1 billion for misbehavior in the automotive and mortgage markets. Citing two people familiar with the negotiations, the Washington Post reported that the settlement could be announced as soon as Friday.
    Read More
  • Ditech Holding Corp. names Thomas Marano CEO and president

    Also appoints Ritesh Chaturbedi to serve as chief operating officer
    The nonbank formerly known as Walter Investment Corp. named a new CEO on Wednesday. Ditech Holding Corp. announced Thomas Marano, currently chairman of the board, has been appointed to also serve as CEO and president. The company also announced it has hired Ritesh Chaturbedi to serve as chief operating officer.
    Read More
  • Altisource names Patrick McClain senior vice president, Hubzu Auction Services

    Previously worked at Auction.com
    Altisource announced this week it has named Patrick McClain as senior vice president of Hubzu Auction Services. In his new role, McClain will be responsible for driving the growth of Hubzu’s residential online marketing and auction business and oversee product innovation for the company's online auction, live auction, short sale, claims without conveyance of title and national brokerage services businesses.
    Read More
  • Optimal Blue launches social media compliance monitoring

    Solution works in real time
    "In today’s social media landscape, it is imperative to take a proactive approach," explained Scott Happ, CEO of Optimal Blue. “By introducing a comprehensive monitoring module, clients can easily detect and resolve issues before they become costly. This also creates a phenomenal opportunity to train staff and loan officers regarding the compliance responsibilities related to social and digital media.”
    Read More
  • Karen Cullen joins CrossCheck Compliance as director of compliance and fair & responsible lending

    Brings more than 25 years of experience in financial services to role
    CrossCheck Compliance announced Tuesday that Karen Cullen has joined the firm as a director in the firm’s compliance and fair & responsible lending practices. "Joining the CrossCheck team provides me the opportunity to work with some of the best compliance professionals in the industry. I look forward to collaborating with them to meet the needs of our clients," Cullen said.
    Read More