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.
Planet Financial Group Raises $475 Million in Successful Unsecured Debt Offering
Planet Financial Group raised $475 million in senior unsecured notes, exceeding expectations and enhancing its financial standing amid a competitive mortgage market.
French Hill Takes Helm of House Financial Services Committee Amid Leadership Changes
Rep. French Hill has been appointed chair of the influential House Financial Services Committee, promising strong leadership in U.S. financial regulation and community banking.
Veterans United Predicts Housing Market Recovery and Affordability Challenges in 2025
Veterans United forecasts a housing market recovery in 2025 with lower mortgage rates and rising home prices, yet challenges in affordability persist.
Fathom Realty Appoints Andrew Shock as New Vice President of Operations
Andrew Shock has been appointed VP of operations at Fathom Realty, bringing extensive experience and a vision for innovation in the real estate sector.
Celink Achieves Impressive 74 Net Promoter Score, Surpassing Industry Averages
Celink proudly announces a high net promoter score of 74, showcasing exceptional customer loyalty and satisfaction in the reverse mortgage servicing industry.
William Raveis Expands in Nantucket with Acquisition of Jordan Real Estate
William Raveis enhances its market presence by acquiring Jordan Real Estate in Nantucket, expanding its resources and community commitment in high-end real estate.
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.