Zillow and ChatGPT Announce Integration of Application Features
Consumers searching for rental and for-sale properties can now find listings on Zillow through ChatGPT, enhancing accessibility and convenience in real estate.
Housing Affordability Reaches Highest Point Since Early 2023
Average credit scores for purchase locks surpass 736, signaling potential shifts in borrower profiles and market conditions for private lenders.
Judge Limits Class-Action Lawsuit Against UWM, Rejects RICO Allegations
A federal judge has limited a class-action lawsuit against United Wholesale Mortgage, claiming they conspired with brokers to impose excessive fees on borrowers.
CoStar alleges Zillow is waging a campaign against consumers.
Zillow faces scrutiny for allegedly shifting the blame onto consumers regarding copyright infringement, raising concerns about its impact on the housing market.
Non-QM Lenders Intensify Oversight Amid Rising Fraud Risks
Fraud in the non-qualified mortgage market is rising, prompting some lenders to issue exclusion lists. This underscores the need for enhanced compliance practices.
Reverse Mortgage Endorsements Increase Prior to Potential Government Shutdown
Home Equity Conversion Mortgage endorsements increased in September, contrasting with a slight slowdown in secondary market activity during the same timeframe.
ICE Reports Affordability Achieves Highest Level Since Early 2023
Home affordability in the US reaches a 2.5-year high as falling mortgage rates create opportunities for buyers, impacting the lending landscape significantly.
Verus Title by Fathom Holdings launches operations in Arizona and Alabama.
Verus Title expands its operations to Arizona and Alabama, enhancing its service network across 34 states and the District of Columbia for private lenders.
Mortgage Research Center Introduces First Independent Residential Mortgage
First Residential Independent Mortgage launches as Paddio retires, welcoming all Paddio employees. A strategic shift in the mortgage landscape unfolds.
Preliminary Approval Granted for Five Gibson Commission Lawsuit Settlements
Judge Bough grants preliminary approval to additional settlements involving Hanna Holdings, William Raveis, and Windermere, expanding industry accountability.