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...
Moehrl commission lawsuit trial not expected until end of 2024
If you are waiting on another commission lawsuit trial, it looks like you will be waiting a while. Judge Andrea R. Wood of...
Retired couples might need $400,000 in savings to cover medical expenses
Retired couples who are Medicare beneficiaries could need as much as $413,000 saved to cover medical expenses in the latter stages of life,...
DataDigest: Yes, buyer agents steer clients, new study claims
Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so...
Fannie Mae extends Positive Rent Payment pilot program through December 2024
Fannie Mae announced on Tuesday that its Multifamily Positive Rent Payment (PRP) pilot program, originally scheduled to expire this year, has been extended...
First Team departs Christie’s, rebrands brokerage
First Team Real Estate, the largest independent brokerage in California, left Christie’s International Real Estate, the company first told Inman on Wednesday. Christie’s...
loanDepot accuses ex-COO Tammy Richards of stealing customers’ information
California-based nonbank lender loanDepot is suing former chief operations officer Tammy Richards for breach of contract and fiduciary duty, accusing her of stealing confidential information concerning the...
loanDepot launches fully automated underwriting engine
California-based mortgage lender loanDepot on Tuesday announced the launch of its fully automated underwriting engine called melloNow.
The new system, which has been in beta-testing for...
Low inventory drives U.S. home prices up 5.5% year over year in Q3: FHFA
U.S. house prices rallied again in the third quarter of 2023. In fact, home prices rose 2.1% quarter over quarter and 5.5% year...
3 Real estate lessons learned from the dance floor of “Dancing with the Stars”
William Shakespeare said it well: “All the world’s a stage, And all the men and women merely players.” I relate, as much of...
