Chris Gallo enters guilty plea in federal mortgage fraud case

Christopher Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in a federal court in New Jersey, according to court filings reviewed by HousingWire. Gallo entered the guilty plea to count one of the indictment — conspiracy to commit bank
Read MoreOptimal Blue integrates VantageScore 4.0 into pricing, hedging and trading workflows

VantageScore 4.0, the credit scoring model that Fannie Mae and Freddie Mac are transitioning to for agency mortgages, is now integrated into Optimal Blue’s end-to-end capital markets platform, the companies announced Thursday. The integration makes VantageScore 4.0 available across Optimal Blue’s pr
Read MoreThe hidden housing multiplier: Why one better buyer match can unlock the next listing

Everyone agrees that housing has a supply problem. But the industry measures supply mainly by counting units and listings, while nearly everyone surrounding a housing transaction earns revenue from movement: applications, showings, contracts, loans, inspections, appraisals, title orders and closings
Read MoreYou can recruit talent, but you have to build culture

People matter in the title and real estate settlement service business. Relationships matter. Experience matters. A strong escrow officer or title professional can move revenue and change how a customer feels about the most important transaction of their life.So, the competition for talent is fierce
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