In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to... Read more »
Apollo Global Management is waving an $11 billion check in front of Paramount Global’s film and TV studios in Hollywood. The New York-based private equity firm led by Marc Rowan has offered... Read more »
Earlier this week, the U.S. Department of Housing and Urban Development (HUD) announced that it would be bringing back its Innovative Housing Showcase event to the National Mall in Washington, D.C., on... Read more »
Hello Divorce, a platform that provides legal assistance to couples in the process of divorce, has introduced a new service, HomeSplit, to help individuals navigate the process of dividing their home’s financial... Read more »
Guild Mortgage’s acquisition of Academy Mortgage Corp. is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in... Read more »
As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season.Thanks to lower mortgage rates as of... Read more »
When the California Housing Finance Agency offered no-interest, no-monthly-payment loans in the spring to help lower-income residents come up with a down-payment and fees to buy their first home, the entire budget... Read more »
The clock is ticking for mom-and-pop landlords in Los Angeles County seeking rent relief. Qualifying landlords in L.A. County have until Jan. 12 to apply for $68.6 million in rent relief to... Read more »
CBC Mortgage Agency – a federally chartered housing finance agency – will offer two temporary rate buydown features for its down payment assistance (DPA) program for Federal Housing Administration (FHA) loans. The... Read more »
In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision.... Read more »