Mortgage Groups Support CFPB’s ECOA Revisions Amid Consumer Group Opposition
The CFPB's recent proposal addresses changes to disparate impact regulations and Special Purpose Credit Programs under Regulation B, impacting lender practices.
Home mortgage applications decline by 7% compared to prior month.
New home mortgage applications rose 3.1% year-over-year but saw a 7% decline month-over-month, indicating evolving buyer behaviors in the market.
Financial Strain of Caring for Parents Impacts the Sandwich Generation
Title: Rising Financial Strain on the Sandwich Generation Meta Description: The share of Americans in the sandwich generation facing financial exhaustion from caregiving for parents and children has significantly increased, highlighting a pressing concern.
Key Developments: The Conflict Over NAR’s Clear Cooperation Policy
Compass lawsuits and NAR's new delayed listing policy ignite discussions on transparency, private networks, and MLS regulations impacting the mortgage landscape.
Google Enters Competitive Landscape with MLS Listings in Selected Cities
Google is testing embedded home listings in mobile search, raising questions among private lenders about implications for portal stocks and market dynamics.
Sweeney revises lawsuit against AIME, adds UWM as a defendant.
Katie Sweeney’s amended lawsuit against AIME and UWM claims financial misconduct and contract interference, raising significant concerns for private lenders.
Opendoor appoints Lucas Matheson as president and Christy Schwartz as CFO.
Opendoor appoints Lucas Matheson as president and Christy Schwartz as CFO, signaling a strategic focus on growth and innovation in the real estate market.
Florida Property Insurance Market Shows Signs of Recovery from Recent Low
The mortgage market has stabilized, recovering from past litigation and insurer challenges, presenting new opportunities for private lenders to explore.
Examining Pennymac’s Expansion in Texas and Talent Acquisition Strategies
David Spector, CEO of Pennymac, discusses the strategic opening of a Texas office, AI investments, and the collaboration with Team USA in this insightful Q&A.
Research Indicates Zillow Home Estimates Enhance Buyer and Seller Results
Zestimate availability boosts buyer surplus by nearly 6% and enhances seller profits by over 4%, indicating a shift in market dynamics favorable to both parties.