Unison’s Home Equity Investment Encounters New Legal Challenge in California
A class-action lawsuit claims Unison HEI contracts function as hidden reverse mortgages, highlighting a payout increase from $97,256 to nearly $375,000.
Longbridge and Mutual of Omaha Seek Dismissal of Reverse Mortgage Lawsuit.
Longbridge Financial and Mutual of Omaha Mortgage seek dismissal of a lawsuit concerning alleged improper advertising practices, aiming to resolve ongoing legal disputes.
February Sees 1.7% Increase in Existing Home Sales
Median home prices show a slight increase, indicating steady demand in the housing market. Explore the latest trends in existing home sales and pricing.
UWM Adjusts Revenue Forecast Prior to Two Harbors Vote
United Wholesale Mortgage's parent company boosts 2026 revenue outlook before a key shareholder vote on Two Harbors Investment's $1.3 billion merger proposal.
New Jersey Realtors Advocate for Tiered Fee Relief Measures
The group contends that the policy has increased expenses in real estate transactions, exacerbating the pressing issue of housing affordability.
Real Estate One Emphasizes Local Platforms Amid Brokerage Mergers
Real Estate One CEO Dan Elsea highlights consolidation due to margin pressures, aiming for 20% market share through diverse brand strategies.
Newrez introduces TitlePass program, eliminating lender title insurance fees on select refinancings.
Multichannel lender Newrez introduces TitlePass, enabling mortgage brokers to waive lender title insurance on select refinance loans in their wholesale channel.
TransUnion reduces VantageScore 4.0 pricing to 99 cents for lenders.
TransUnion lowers VantageScore 4.0 pricing to $0.99 per score for mortgage lenders, maintaining no-cost access with a FICO score purchase.
Mortgage Originations Reach Three-Year High in Q4 Driven by Refinance Growth
Q4 originations projected at 1.44M with refinances nearing 40% share; eligibility increases to 5.4M, while average payments decrease 8% to $2,063.
Private Mortgage Loan Servicing Glossary
Private Mortgage Loan Servicing Glossary Private Mortgage Loan Servicing This refers to the administrative process of managing a mortgage loan from the time it is funded until it is paid off or foreclosed upon, specifically when the loan is held by a private individual [...]