Antitrust regulators sign off on ICE's deal to acquire Black Knight
In addition to selling Empower and Optimal Blue, consent order would require ICE and Black Knight to seek prior FTC approval before acquiring an interest in another loan origination system
by Matt Carter Aug 31
Judge gavel with justice lawyers to represent appraisal bias lawsuit
Lexington Law and CreditRepair.com parent Progrexion filed for bankruptcy protection in June after court ruled collection of upfront fees violated Telemarketing Sales Rule
by Matt Carter Aug 29
Gavel over one hundred dollar bills represents Newrez' settling a complaint
Regulators claim marketing agreements with more than 40 real estate brokerages including Realty Connect USA were a conduit for kickbacks for 1,000+ mortgage referrals
by Matt Carter Aug 18
Rating agencies issue more cautions about banking industry
It's not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts at Fitch and Moody's said
by Matt Carter Aug 15
Mortgage assistance for Hawaii fire victims includes forbearance help
Fannie Mae, Freddie Mac and the Federal Housing Administration outlined relief for homeowners as FEMA and the state of Hawaii rushed to provide emergency housing for displaced residents
by Matt Carter Aug 15
Judge gavel with justice lawyers to represent appraisal bias lawsuit
'Significant progress' in Federal Trade Commission negotiations have been reported since Black Knight's Empower loan origination system and Optimal Blue division were removed from the deal
by Matt Carter Aug 8
Redfin exec: Clear Cooperation is failing to stop pocket listings
Joe Rath is Redfin's senior director of brokerage operations and head of industry relations. He shared thoughts on Clear Cooperation ahead of his appearance at Inman Connect Las Vegas
by Jim Dalrymple II Aug 7
Bright MLS breaks with NAR policy on commissions
Starting Aug. 9, the nation's 2nd-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright
by Andrea V. Brambila Jul 20
Clarence Thomas took gift from 2nd billionaire with real estate ties
Decades before accepting travel from real estate developer Harlan Crow, the Supreme Court justice received a Super Bowl ring from Dallas Cowboys owner Jerry Jones, according to reports
by Daniel Houston Jul 17
US Bank, UWM join movement to boost minority lending
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities
by Matt Carter Jul 13
Amid growing insurance crisis, Farmers pulls out of Florida
A number of insurance providers have left Florida over the last year, apparently driven away thanks to extreme weather and a challenging legal landscape
by Jim Dalrymple II Jul 12
Lone Star lawmakers pass 'largest property tax cut in Texas history'
The deal raises the amount homeowners can exempt from the taxable value of their properties from $40,000 to $100,000, ensuring Texas will remain among the fastest growing states in the US
by Jim Dalrymple II Jul 12
DOJ: Ron DeSantis' foreign-buyer property ban in Florida is unlawful
Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the US Constitution
by Daniel Houston Jul 3
Supreme Court nixes $430B in student loan forgiveness
Down payment assistance, income-driven repayment still offer path to homeownership for those repaying $1.6T in student loan debt as Biden administration pledges the 'fight is not over'
by Matt Carter Jun 30
Test triggering $2.3B in mortgage payments leads to $25M fine
ACI Worldwide admits no wrongdoing in settling CFPB's first-ever enforcement action over handling of consumer data in the processing of mortgage payments
by Matt Carter Jun 27
Loan servicers' pandemic-relief efforts 'a major success story'
Mortgage loan servicers collecting payments on loans guaranteed by Fannie Mae and Freddie Mac completed 2.36M 'home retention actions' during the COVID-19 pandemic
by Matt Carter Jun 26