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Some younger households giving up on homeownership, Redfin says

National Mortgage
Mortgage Finance
2 years ago

A significant portion of the millennial generation now believes they will not have the opportunity to be a homeowner, indicating,.. Read More;

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FundingShield partners with TCS to offer fraud prevention services

National Mortgage
Mortgage Finance
2 years ago

FundingShield's wire fraud prevention solutions will now be available to Tata Consultancy Services' clients, thanks to a partnership announced Tuesday. The,.. Read More;

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After redlining settlement, Trident Mortgage launches loan-subsidy fund

National Mortgage
Mortgage Finance
2 years ago

An $18.4 million mortgage-subsidy fund resulting from the 2022 Trident Mortgage redlining settlement is now open to eligible borrowers in,.. Read More;

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FDIC suing lenders over loans brokered for Washington Mutual

National Mortgage
Mortgage Finance
2 years ago

The Federal Deposit Insurance Corporation is suing over a dozen mortgage firms in federal courts to recoup funds over loans,.. Read More;

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Some banks don't track CRE risk on a frequent basis, survey suggests

National Mortgage
Mortgage Finance
2 years ago

A Moody's survey of 55 banks pointed to office loans as one the riskiest property types. Office loans have been,.. Read More;

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Banks hear the eerie echoes of AI-generated voices

National Mortgage
Mortgage Finance
2 years ago

Fans of Jordan Peele, part of the duo behind Comedy Central's popular "Key and Peele" series, are likely familiar with,.. Read More;

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Sellers see double-digit losses in one U.S. market

National Mortgage
Mortgage Finance
2 years ago

While the number of investors selling houses at a loss has been on the rise as rates have gone up, the,.. Read More;

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The mortgage rate forecast is not too promising

National Mortgage
Mortgage Finance
2 years ago

Even with a 6-basis-point drop in the average for the 30-year fixed mortgage, new borrowers are still dealing with rates,.. Read More;

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Weinstein Group revises Sculptor bid after board's concerns

National Mortgage
Mortgage Finance
2 years ago

Boaz WeinsteinJason Alden/Photographer: Jason Alden/Bloomb Boaz Weinstein and his group of bidders revised their offer to buy Sculptor,.. Read More;

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Why the new real estate broker fee deal may not create new business model

National Mortgage
Mortgage Finance
2 years ago

Anywhere Real Estate's decision to settle two cases challenging the sales commission structure for residential agents could disrupt how home,.. Read More;

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Which generates more mortgages: salesperson-driven referrals or lead gen tech?

National Mortgage
Mortgage Finance
2 years ago

Both salesperson-driven referral marketing and company-provided lead generation can and do work together to successfully create business for loan officers.,.. Read More;

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CFPB agrees to settle employee discrimination lawsuit for $6 million

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau settled a nearly decade-long lawsuit brought by former employees who alleged discrimination by the agency,.. Read More;

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