Justice Department Raises Objections to Settlement in Real Estate Commission Case
The judge has the discretion to reject the settlement despite the DOJ's concerns. Read more about the Justice Department's objections in a real estate commission case.
California judge Issues $19M Penalty, Bans Fraudulent Mortgage Relief Operation
Home Matters USA, labeled a "mortgage relief scam" by regulators, faced severe penalties, including business bans and hefty fines, impacting private lenders. Stay informed on this critical issue.
Understanding How Escrow Accounts Function for Homeowners
"Discover the latest survey findings revealing that only 52% of homeowners comprehend the workings of mortgage escrow accounts, an area of interest for private lenders."
Opendoor aims to expand operations for future growth.
"Opendoor's reduced net loss in 2023 indicates improved financial performance, despite continued losses. Discover how their scaled-back spending impacts private lenders."
Christopher Todd Communities Expanding with Three New Regional Offices
"The CEO believes it's the right time for expansion as Christopher Todd Communities plans to open three new regional offices."
Homebuyers prepare for the spring housing market, according to Zillow.
Discover the latest news on the dynamic housing market, where competitively priced properties are frequently snapped up within just 29 days. Perfect for private lenders seeking valuable insights.
Enhancing Competitiveness through In-House Servicing
"Analysts project a promising year ahead in the mortgage industry, with improved prospects in 2024 compared to 2023. Find out more in the HousingWire report."
Increase in U.S. Foreclosure Activity During January Revealed by Attom
As a mortgage industry expert, stay informed about the latest trends. Explore valuable insights on the current foreclosure rates in the United States.
HUD ex-deputy secretary’s consultancy introduces new compliance division.
Gate House Strategies has launched a new compliance subsidiary, providing valuable insights for private lenders. Read the interview with their principals on HousingWire.
High commission rates in Southern states are among the highest in the country.
As a mortgage industry expert, learn about nationwide Realtor commissions averaging 5.49%, with state-specific variations of up to 189 basis points. Discover insights valuable to private lenders.