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Lenders attempting to reach borrowers in arrears will still be limited in the use of robocalls thanks to the actions of the Supreme Court on Monday, where they upheld a federal ban on the non-emergency auto-dialed calls to cell phones.

The danger of mortgage forbearances turning into foreclosures is rising as COVID-19 infections surge in the U.S., according to the Federal Reserve Bank of Atlanta. COVID-19 cases in Texas, Arizona, Florida and other sunbelt states have set record highs in

The Houston Association of Realtors said it will stop using the term “master” when describing bedrooms or bathrooms via its multiple listing service. Instead, HAR will update the phrase to say “primary bedroom” and “primary bathroom,” according to the Houston

The U.S. has failed to contain the COVID-19 virus, alone among developed economies, and will suffer the economic consequences, Goldman Sachs economists said in a report issued on Independence Day. “Over the last few weeks, the covid situation in the

Mortgage fulfillment servicer Promontory MortgagePath is looking to hire mortgage professionals for its Denver and Danbury, Connecticut locations. The eight positions currently open are fully remote during the pandemic, but will likely return to in-person at a later date. At

The housing market continues to show positive signs of recovery, according to realtor.com’s weekly Housing Market Recovery Index, yet the effects of COVID-19 still remain a concern. The index is set to 100 for the last week of January and

With mortgage rates hitting historic lows, many consumers are eager to shop for houses. However, they face the challenge of low inventory and sellers who may be hesitant to put their homes on the market in the midst of the

When the nation’s top central bankers spoke in public this week, they didn’t sugarcoat their outlook for the U.S. economy: What could have been a V-shape recovery if the nation managed to get the COVID-19 virus under control is probably

On Wednesday, reverse mortgage lender Open Mortgage pledged to suspend its Facebook advertising for the month of July in solidarity with the Stop Hate For Profit campaign. The multi-channel mortgage lender stated in a release that it stands with the

Federal Reserve officials expressed concerns at their last meeting about additional waves of COVID-19 infections worsening the recession and triggering a new spike in unemployment, according to minutes released Wednesday. At June’s rate-setting Federal Open Market Committee, conducted via videoconference,

Lenders are growing frustrated with digital Verification of Asset (VOA) services that don’t always work — and Athens, Georgia-based FormFree is listening. Now, the company is taking the data retrieval issues behind those frustrations head-on. “There are a couple of

Keller Williams announced on Wednesday its expansion into more international markets. As of May 30, the real estate brokerage said it has 107 market centers and 5,250 agents across Europe as well as 18 market centers and 1,135 agents across

The current COVID-19 situation seemingly has provided a sudden glimpse into a future world, one in which digital has become central to every interaction, forcing organizations to further up the adoption curve almost overnight.  Hassan RashidGuest Author The ‘6D’ chain

U.S. construction spending fell 2.1% in May, though the level of homebuilding was above the year-ago level, according to a government report on Wednesday. Combined homebuilding and nonresidential construction outlays totaled $1.36 trillion at a seasonally adjusted annualized rate, down

Mortgage applications fell 1.8% last week despite mortgage rates staying low, according to a report by the Mortgage Bankers Association. A seasonally adjusted index measuring purchase applications also fell 1% – marking its second week of decline after a two-month