Nosalek plaintiffs can join commission lawsuit settlements
A U.S. District Court judge in Boston has endorsed a motion to stay the Nosalek buyer broker commission case, allowing the plaintiffs to...
Opinion: IMB servicers do a better job than banks on loss mitigation
Fifteen years ago, the TARP bailout bill was signed into law. $700 billion in taxpayer funds were authorized to help stabilize the economy in...
Inflation moderates to 3.2% in October
Consumer prices were up 3.2% in October from a year earlier, down from 3.7% in September and slightly slower than economists’ expectations. “Core”...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split
According to the most recent annual report to Congress by the U.S. Department of Housing and Urban Development (HUD), the Home Equity Conversion...
CMG Financial adds Shamrock’s $300M-plus origination team
California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England.
That’s not the first addition to CMG...
Connecticut governor signs aging-in-place bill into law
Connecticut Gov. Ned Lamont signed a bill into law on Tuesday that aims to improve the prospects for seniors who seek to age...
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...
Guild asks judge to confirm $10.7M award in poaching dispute against ex-employees
Guild Mortgage has filed a petition in a district court in Washington to confirm a $10.7 million award resulted from an arbitration dispute against...
DOJ and CFPB sue Colony Ridge over predatory lending practices
The U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme...
Peter Knag joins Offerpad as CFO
Knag has an extensive resume, having served in several financial leadership roles in the media, telecommunications, technology and finance sectors. He began his...
