The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it is making $40.25 million available to support housing counseling services for homeowners, homebuyers and renters. Such funding will... Read more »
In 2024, regardless of mortgage lenders’ volume, Fair Isaac Corp. (FICO) – the company that retains the rights to the market’s adopted methodology to measure consumer credit risk – will charge one... Read more »
Mortgage giant Mr. Cooper Group has named Mike Weinbach, a former Wells Fargo and JPMorgan Chase executive, as its new president. He will succeed Chris Marshall, who is retiring at the end of 2024 but will assist... Read more »
Despite high interest rates and the ULA transfer tax in the city of Los Angeles, investors poured big money into industrial properties in the Southern California market during 2023. But it wasn’t... Read more »
The wave of commission lawsuits have arrived in Arizona. In a copycat suit filed last Friday in U.S. District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several... Read more »
Three top agents from Realogics Sotheby’s International Realty moved to The Agency’s outpost in Seattle, Seattle Agent Magazine reported on Friday. Sandra Hines and Blake Waggoner from The Hines Group will join... Read more »
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services. Rocket Pro TPO‘s executive vice president Mike Fawaz shared major changes... Read more »
With four commission lawsuits in play, Illinois currently holds the title for the most commission lawsuits in one state. In addition to the long running Moehrl commission lawsuit, as well as the... Read more »
San Bernardino County has bought a 115,500-square-foot office building for $26.8 million. The county, which had leased two floors on the premises, bought the four-story building at 451 East Vanderbilt Way, the... Read more »
Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road... Read more »