CFPB Files Suit Against Rocket and Jason Mitchell Group for RESPA Violations
The CFPB alleges Rocket Homes engaged in a kickback scheme to direct business toward affiliated companies, raising concerns for compliance among private lenders.
Exploring Connections Between Reverse Mortgage Professionals and Forward Lenders
Reverse mortgage professionals explore strategies to build partnerships with forward lenders, sharing insights and experiences from a key industry event.
Insights for Real Estate Leaders on the Future of the Housing Market
Explore evolving trends and key themes in the housing market to enhance strategies for private lenders and better serve clients in a dynamic environment.
D.R. Horton Set to Introduce New Master-Planned Community in Utah
Discover the anticipated launch of affordable homes in Viridian, marking a significant development opportunity in Utah's growing real estate market.
How a Reverse Mortgage Prevented Bankruptcy for One Client
Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.
Florida Home Sales and Prices Experience a Decline
Explore the decline in Florida's home sales and the median price shift, providing insights for private lenders in a changing market landscape.
CFPB Highlights Risks for Divorced and Widowed Mortgage Borrowers
Explore how the CFPB highlights challenges faced by domestic violence survivors with mortgage servicers, shedding light on critical industry implications.
ICE and Sagent are broadening their presence with new office openings.
ICE is relocating its mortgage technology division headquarters to Jacksonville, while Sagent expands its footprint with a new office in Dallas, enhancing regional presence.
Powell’s Comments Lead to Increase in Mortgage Rates
Federal Reserve Chairman Powell's remarks during the Q&A press conference led to an increase in the 10-year yield, impacting mortgage rates significantly.
Senate Approves Trigger Leads Bill as Next Step Moves to House
Legislation to limit mortgage credit trigger leads was removed from the Senate's fiscal year 2025 National Defense Authorization Act, impacting private lenders' strategies.