Bank regulators issue new Community Reinvestment Act rule
The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977...
Trustar Bank sells mortgage subsidiary to Archer
Virginia-based community bank Trustar Bank sold its mortgage subsidiary to Archer Mortgage Holding Company, the companies announced on Thursday. The financials of the deal...
Regulation hasn’t caught up to generative AI
Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a...
Movement Mortgage names Joe Thompson as regional director
Movement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in...
Mortgage rates fall as labor market normalizes
Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the...
DeSantis stamps changes to reverse mortgage tax requirements in Florida
Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a...
5 trends that will reshape the real estate market in 2024
The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving...
HousingWire Magazine: October/November Supplement – HousingWire
Perhaps the only predictable thing about the mortgage industry is its unpredictability. We all know the market is cyclical, but no one enjoys...
How industry forecasters see 2024 shaping up
Curro said Bank of America is forecasting the 10-year Treasury to hit 4.25, which would yield about $1.6 trillion in origination volume in...
Ascent Software Group acquires property data collection platform Value Acceptance
Proptech solutions provider Ascent Software Group (ASG) has acquired property data collection platform Value Acceptance.
Through the acquisition, ASG hopes to modernize the appraisal...
