Anywhere Reaches Tentative Settlement in Lengthy TCPA Class Action Lawsuit
After over five years of litigation, Anywhere has reached a tentative settlement in a TCPA lawsuit over unsolicited calls, avoiding potential liabilities of $220 million.
Homeowners Enjoy Strong Equity, Reducing Underwater Mortgage Concerns Significantly
Underwater mortgages are at a historic low, giving today’s homeowners ample equity and optimism for selling and buying properties without foreclosure fears.
Anywhere Brands Focuses on Growth Amid Legal Challenges and Market Evolution
Sue Yannaccone emphasizes a growth-focused strategy for Anywhere Brands in 2025 amid legal challenges, prioritizing agent support and operational efficiency.
CBO Report Highlights Promising Future for Fannie Mae and Freddie Mac
A CBO report reveals a positive outlook for Fannie Mae and Freddie Mac’s recapitalization, suggesting potential savings of $14.7 billion for the Treasury by 2034.
Senate Passes Updated Older Americans Act to Support Seniors and Native Elders
The Senate has advanced an updated Older Americans Act, boosting resources for seniors and enhancing support for Native elders, now headed to the House.
Senate Passes Updated Older Americans Act to Support Aging in Place
The Senate has passed an updated Older Americans Act to boost support for seniors, emphasizing home care, technology access, and funding increases.
CFPB Reports Significant Decline in Mortgage Applications and Rising Costs for Borrowers
The CFPB reports a significant drop in mortgage applications and originations in 2023, with rising costs disproportionately affecting borrowers of color.
Connie Lindsay Joins Rate as Senior VP of Mortgage Lending in Washington
Connie Lindsay joins Rate as senior VP of mortgage lending in Washington, set to enhance the company’s presence with her expertise and focus on clients.
Mortgage Applications Rise as Monthly Rates Reach Lowest Point in Months
Mortgage applications rose by 2.8% as borrowers took advantage of lower rates and improved inventory, despite a 21% drop from last year’s purchase applications.
Brian Montgomery Urges Conservatives to Embrace Self-Sustaining HUD and FHA Programs
Former HUD official Brian Montgomery argues that Trump should embrace self-sustaining HUD and FHA programs, highlighting their fiscal efficiency and homeownership support.
FHA Mandates 36-Hour Cyber Breach Reporting Requirement for Lenders
The FHA has mandated that lenders report cybersecurity breaches within 36 hours, emphasizing timely notifications to protect HUD’s systems amid rising threats.
Wells Fargo Expands Down Payment Grant Program to Empower Underserved Homebuyers
Wells Fargo expands its $10,000 down payment grant program to 12 new cities, enhancing access for low- and moderate-income homebuyers.
CFPB Proposes New Rules to Protect Consumer Data from Brokers’ Abuses
The CFPB’s new proposal aims to regulate data brokers as consumer reporting agencies, enhancing protections for personal information amid industry pushback.
Cardinal Financial Launches Pioneering Mortgage-Backed Security with FICO Score 10 T
Cardinal Financial has launched a groundbreaking mortgage-backed security using FICO Score 10 T, enhancing credit assessments for VA loans and promoting veteran homeownership.
Spring Way Center Appeals Settlement Approval in National Realtors Commission Lawsuit
The Spring Way Center has appealed a settlement approval in a nationwide lawsuit against the National Association of Realtors, raising concerns over business practices and exclusions.
Prominent Los Angeles Landlord Neil Shekhter Passes Away at 60s
Neil Shekhter, a prominent Los Angeles landlord and real estate visionary, passed away at 61, leaving behind a legacy of resilience and entrepreneurial spirit.
Navigating Legal Challenges in Talent Transitions within the Mortgage Sector
The article explores the complexities of talent transitions in the mortgage sector, highlighting legal risks and strategies for successful mergers and acquisitions.