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Homeservices of America reaches $250M commissions settlement

National Mortgage
Mortgage Finance
2 years ago

Homeservices of America will pay $250 million to resolve real estate commissions claims, an agreement that will cover around 70,000,.. Read More;

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Real estate stocks sink on rate outlook, disappointing earnings

National Mortgage
Mortgage Finance
2 years ago

Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve interest-rate cuts, and as a disappointing earnings release,.. Read More;

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Top-producer and assistant charged in "large-scale" mortgage scheme

National Mortgage
Mortgage Finance
2 years ago

A top loan originator and his aide are facing up to 30 years in prison after the Department of Justice,.. Read More;

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Why LOs could be insulated from noncompete ban's impact

National Mortgage
Mortgage Finance
2 years ago

Loan officers are among the industry's most sought-after employees, but current business practices raise questions about whether the federal ban on,.. Read More;

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Majority of U.S. residents say they've faced housing discrimination

National Mortgage
Mortgage Finance
2 years ago

A majority of U.S. residents say they've faced some form of housing discrimination, but less than half think laws addressing,.. Read More;

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FTC files 'junk fee' complaint against payments firm Doxo

National Mortgage
Mortgage Finance
2 years ago

The Federal Trade Commission on Thursday filed a complaint in federal district court against the charges and practices of Doxo,,.. Read More;

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Pending home sales jump in March to hit highest in year

National Mortgage
Mortgage Finance
2 years ago

Pending sales of existing U.S. homes in March reached their highest levels in a year in spite of persistently high,.. Read More;

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Mortgage bankers post a record annual loss on originations

National Mortgage
Mortgage Finance
2 years ago

Driven by a record three-month loss in the fourth quarter, independent mortgage bankers last year had their worst year ever,.. Read More;

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Mortgage rates rise on weak economic news

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates rose by another 7 basis points this week, and in the near-term, further increases are likely as the,.. Read More;

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U.S. economy slows and inflation jumps, damping soft-landing hopes

National Mortgage
Mortgage Finance
2 years ago

U.S. economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run,.. Read More;

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Mortgage fraud attempts surge by more than one-third

National Mortgage
Mortgage Finance
2 years ago

Rokas - stock.adobe.com The number of fraud attempts on mortgage companies leaped by more than one-third between 2022,.. Read More;

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PennyMac touts broker channel gains as earnings rebound

National Mortgage
Mortgage Finance
2 years ago

PennyMac Financial Services reported some green shoots in its origination business, part of a larger earnings recovery that was somewhat,.. Read More;

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