Amid increasing levels of mortgage fraud, the FBI has renewed a warning to Americans about an app that could trick victims into losing their entire banking, savings, retirement or investment accounts. The FBI first issued a public service announcement on the Phantom Hacker scam in September 2023. But on July 15, the bureau’s Los Angeles […]
FBI reissues warning on scam that wipes out bank accounts Read More »
Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340. The number of programs is a new
Down Payment Resource reports record-breaking DPA availability Read More »
Compass and Northwest MLS (NWMLS) are continuing their war of words. Since Compass filed its antitrust suit against the NWMLS in April, alleging that the MLS’s rule requiring listings to be entered within 24 hours of public marketing and prohibiting office-exclusive listings is anticompetitive, the two parties have traded barbs via legal filings. In NWMLS’s
NWMLS says it has ‘no duty to deal’ with Compass Read More »
Change in real estate is constant. However, 2024 and 2025 haven’t just been about change; they’ve been about disruption. From commission lawsuits to housing market volatility, shifting consumer expectations, and the evolution of buyer representation, our industry has been tested at every level. The difference between firms that thrive and those that stall isn’t just
Talking the talk: Real estate’s communication makeover Read More »
After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified that the word “began” implies a certain likelihood of continuation whereas no such likelihoods can be guaranteed when it comes to the bond/rate market. In other words, rates did indeed
Mortgage Rates Moving Down Again Read More »
Economic worries and affordability challenges continued to weigh on the housing market, new data shows, hinting that the unusually slow summer sales could portend a more bearish market in the coming months. Housing prices rose 2.3% year-over-year in May, according to new data from the S&P CoreLogic Case-Shiller Index. This is the slowest increase in
Pronounced housing slowdown appears in latest index reports Read More »
Movement Mortgage and Supreme Lending are ratcheting up their war of words ahead of a court hearing in a theft of trade secrets case. The complaint filed earlier this month accuses a former Movement executive and other top performers of taking confidential data to Supreme in a monthslong exodus. The sides, in case filings, have
Movement Mortgage, Supreme Lending spar over trade secrets Read More »
zimmytws – stock.adobe.com With interest in home equity lending on the rise, ICE Mortgage Technology and Figure are rolling out tool enhancements for business customers aimed at expediting originations and attracting customers. Borrowers managing loans via ICE’s MSP servicing platform will be able to quickly apply for new home equity lines of credit and loans,
Tech providers zero in on home equity lending Read More »
The Department of Housing and Urban Development has been ordered by a federal judge in Washington to resume distribution of Fair Housing Initiatives Program funds. Judge Sparkle Sooknanan issued a temporary restraining order Monday in the case brought by the National Fair Housing Alliance and the Tennessee Fair Housing Council. The suit was filed in
HUD ordered to resume fair housing funds distribution Read More »
Beeline Financial announced Tuesday it is exiting its unusual partnership with an Oregon-based publicly traded distillery, a little less than a year after the two companies announced plans to merge. The digital mortgage lender said it will instead focus on expanding its offerings in home finance, as it expects the housing market to recover next
Beeline exits partnership with spirits company Read More »