The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with Chicago-based Townstone Financial that would resolve a case over what the bureau calls “discriminatory lending practices and redlining African American neighborhoods in Chicago.” The
FirstTeam’s Michele Harrington talks innovative recruitment strategies for brokerages
In this week’s episode of the Power House podcast, host Diego Sanchez sits down with FirstTeam Real Estate CEO Michele Harrington for a provocative conversation about female empowerment, leadership in the real estate industry and recruitment strategies. This interview has
MISMO tech VP on what the reverse mortgage working group brings to the table
The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with
Sonu Mittal on Freddie Mac’s newest moves to lower lender, borrower costs
In the newest episode of the HousingWire Daily podcast, host Sarah Wheeler sits down with Freddie Mac’s Sonu Mittal — the agency’s senior vice president and head of single-family acquisitions — to explore its recently announced alternative to loan repurchases,
Rep. Barbara Lee expresses interest in leading HUD if Harris becomes president
Rep. Barbara Lee (D), a member of the U.S. House of Representatives who serves California’s 12th Congressional district in the Oakland area, has signaled that she is interested in the role of secretary at the U.S. Department of Housing and
Optimal Blue’s Joe Tyrrell on deciding where to use gen AI
Editor in Chief Sarah Wheeler sat down with Optimal Blue CEO Joe Tyrrell to talk about how the company decides where to deploy generative AI and why return on investment (ROI) for customers is paramount. Before arriving at Optimal Blue
NRMLA asks HUD to extend reporting timetable for cybersecurity incidents
The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to the U.S. Department of Housing and Urban Development (HUD) requesting that the agency, at minimum, align its cybersecurity reporting requirements with those of Ginnie
Why did mortgage rates rise after the negative jobs report?
Update: Since publishing this story, mortgage spreads have improved from yesterday, so some lenders may have better pricing today. Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year
Introducing the 2024 HousingWire Tech Trendsetters!
HousingWire is excited to announce the honorees of this year’s Tech Trendsetters award. The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and
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Is Mold Covered by Insurance? A Guide for Homeowners
Know what’s covered — and what’s not — when it comes to mold issues in the home. The post Is Mold Covered by Insurance? A Guide for Homeowners appeared first on HouseLogic. Go to Source Author: Melissa Dittmann Tracey
Fall Trees: Add Color and Curb Appeal to Your Property
These no-fuss knockouts will claim center stage each autumn. The post Fall Trees: Add Color and Curb Appeal to Your Property appeared first on HouseLogic. Go to Source Author: HouseLogic
7 Household Expenses You’re Probably Wasting Your Money On
There are better ways to spend. The post 7 Household Expenses You’re Probably Wasting Your Money On appeared first on HouseLogic. Go to Source Author: Alaina Tweddale
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Buying like it’s 2021: Nearly half of recent buyers have a mortgage rate below 5%
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