LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Hudson United Mortgage has announced that Donald Arace has been promoted to Divisional Manager. This new role encompasses originations production and staff for the entire Hudson United region.
Arace is a 30-year veteran of the mortgage industry and provides quality experience and leadership. In his new role, he will help grow the Originations Banker/Broker platform and help coordinate operations for better customer experience and operational excellence, company officials stated.
“Donald’s highly regarded reputation, personal achievements, and deep connections with the professional community he serves provides a unique quality and perspective to our senior leadership team,” says Daniel Rand President of Hudson United Mortgage.
Externally, Arace will be responsible to work with affiliates and non-affiliates real estate companies and other professionally related businesses to help facilitate mutual goals for their respective organizations.
Chris Conlan Assistant -Branch Manager (Head of Marketing), David Moore (Director of Recruiting and Education), and Caterina Rebollo (Head of Operations) will continue to support Arace in his new position.
Hudson United Mortgage, Title, and Insurance are a family of companies with common ownership dedicated to making the process of buying a home easier and more affordable. Hudson United Mortgage Services, LLC is a mortgage abstract company licensed in New York, New Jersey, Connecticut, and Florida. Hudson United Title Services, LLC is an independent title insurance abstract company licensed in New York and New Jersey. Hudson United Insurance Services, LLC is an insurance abstract company licensed in New York and New Jersey.
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