Recent non-QM securitizations show signs of higher stress
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said. ...
Over 70 FHA lenders fined by HUD in 2023
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certificati...
Bills introduced to untangle tangled titles
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes....
Homeservices of America reaches $250M commissions settlement
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents. ...
Real estate stocks sink on rate outlook, disappointing earnings
Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve interest-rate cuts, and as a disappointing earnings release r...
FTC files 'junk fee' complaint against payments firm Doxo
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgag...
Majority of U.S. residents say they've faced housing discrimination
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't rec...
Why LOs could be insulated from noncompete ban's impact
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year. ...
Top-producer and assistant charged in "large-scale" mortgage scheme
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing sec...
Mortgage rates rise on weak economic news
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product ...