Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions
A Kansas City jury has found the National Association of Realtors, HomeServices of America and Keller Williams guilty of colluding to inflate or...
Opinion: 5 policy changes that can improve housing affordability
The median price of a home in America is rapidly becoming out of reach for most first-time homebuyers. This is especially true for...
VA to roll out temporary fix to buyer agent commission problem
The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a...
It’s worth giving consumer credit a closer look — here’s why
HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about credit optimization and how taking a closer look at consumer credit can...
FHFA’s pilot to waive lender title insurance on refis faces opposition
President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain...
CFPB’s Chopra addresses mortgage issues in House oversight hearing
The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining...
Housing inventory is seeing unusual gains in November. Should we be worried?
https://www.youtube.com/watch?v=BmRSih63PuE
Last week, I asserted that housing inventory growth had finished for the year. Turns out I was wrong!This week, the available inventory of...
Texas homeowners sue loanDepot, Cardinal over “deceptive practices”
Mortgage lenders loanDepot and Cardinal Financial are the targets of class-action-seeking lawsuits alleging deceptive practices, negligent misrepresentation and gross negligence against Texas homeowners.
In a pair of lawsuits...
Blend, now “debt-free,” remains confident about reaching profitability by the end of 2024
Mortgage tech firm Blend Labs reported another loss in the first quarter of 2024, but its executives remain confident the company will deliver profits by...
Homestar Financial Corp. to cease retail operations
A combination of mortgage volatility and extreme margin compression forced Homestar Financial Corp. to suspend retail operations.
The Gainesville, Georgia-based lender announced plans to...