FHFA cuts Inspector General budget to $20M, watchdog predicts staff cuts.
FHFA cut inspector general budget to $20 million, risking 70-80% staff reduction and major limits to the mortgage-fraud oversight, affecting private lenders.
Judge Preserves $56.1 Million in HUD Housing Counseling Funds.
HUD housing counseling $56.1M preserved by court amid nonprofit challenge to federal rescission; implications for private lenders' borrower counseling risk.
Archwest completes $300M RTL securitization, bringing program to $875M.
Archwest closed a $300M RTL securitization, expanding its rated RTL program to $875M — noted structure, investor demand and credit, covering tranche-level
Compass CEO Reffkin warns MLSs: change listing rules or face lawsuits.
Exclusive HousingWire coverage from CMLS reports that Reffkin signaled Compass is prepared to pursue antitrust litigation and has established a firm deadline for taking action. The announcement, delivered in the context of industry commentary, represents a deliberate escalation in Compass’s legal posture and frames [...]
Archwest Capital completes $300 million rated RTL securitization.
This transaction is built on a pool of 218 loans and is supported by a sizable $98.5 million accumulation account alongside a limited-term revolving structure. The breadth of loans delivers basic diversification benefits by spreading borrower and collateral exposure across multiple credits and property [...]
Pacaso narrows loss as co-ownership margins expand.
Pacaso posted a $12.5M loss while core co-ownership gross profit rose 23% and adjusted EBITDA loss narrowed — implications for private lenders' risk/yield.
Samuelson warns: weakening the MLS may prompt regulatory scrutiny.
Exclusive coverage from CMLS reports that Samuelson highlighted heightened congressional attention toward Compass and MRED, framing the scrutiny as a broader inquiry into how brokerages and regional MLSs handle listing data. The coverage underscores industry concern that restrictive data practices—whether through platform control, selective [...]
CRMLS rejects Compass demands and establishes legal defense fund.
CRMLS rebuffs Compass over cooperation rules and creates an MLS Legal Defense Fund — potential effects on listing access referral flows & transaction risk.
Federal judge denies Zillow’s motion to dismiss agent antitrust case.
Judge rejects Zillow motion in agent antitrust suit alleging referral system channels agents to Zillow Home Loans and Follow Up Boss; private lender impact
AI-native Elio Mortgage raises $5.1 million and plans national expansion.
Elio Mortgage raised $5.1M pre-seed to build an AI-native mortgage platform and expand nationwide—private lenders: seek tech-enabled origination investors