Author: Michael Gersitz

The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold.  On September 23, 2020, the U.S. District Court

HW Media, publisher of HousingWire, RealTrends and Reverse Mortgage Daily, announced today that it has closed on the strategic acquisition of Altos Research, the premier resource for real-time real estate data, providing weekly market statistics, analysis and reporting for 99%

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of

As the housing market continues to slow, Doma is the latest industry firm to undergo layoffs. In a Securities and Exchange Commission filing from December 2 and posted on December 6, the title insurer announced that it was eliminating 515

Stock car racing team Jesse Iwuji Motorsports (JIM) this week filed a lawsuit against Atlanta-based mortgage lender Equity Prime Mortgage (EPM) for allegedly failing to make more than $4 million in sponsorship payments after the company received a margin call

The chorus of mortgage brokers who are calling on the Federal Housing Finance Agency (FHFA) to remove a targeted cash-out refinance fee is growing louder. The National Association of Mortgage Brokers wants the housing regulator to consider removing the loan

Fannie Mae announced on Tuesday that it will make changes to its automated underwriting system in order to expand mortgage loan eligibility and simplify the loan process for underserved borrowers without credit scores. The enhancements are slated to roll out

Industry analysts say they expect loan volume to remain depressed for at least the next two quarters, meaning it will be a long winter for loan originators. The recent declines in mortgage rates brought a glimmer of hope that borrowers

Calyx has developed a new third-party origination (TPO) functionality for Path Software called Path TPO, the company announced Tuesday. The new capability, which is cloud-based, can be accessed through and integrates with a client’s existing Path platform. In a release,

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. Becca Summers does not typically include Wells Fargo on the lender