Today, the Consumer Financial Protection Bureau (Bureau) filed a proposed settlement to resolve its December 4, 2020 lawsuit against LendUp Loans, LLC (LendUp) alleging violations of the Military Lending Act (MLA). Today’s action is the first resolution in the
Freddie Mac’s (OTCQB: FMCC) Multifamily line of business set a new record with $82.5 billion in loan purchase and guarantee volume in 2020. The company also provided $500 million in Low-Income Housing
Mortgage applications decreased 1.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 15, 2021.
The Market Composite Index, a measure of mortgage loan application volume, decreased 1.9
To address increased consumer demand, realtor.com® today announced that it is adding two new technology providers, Asteroom and CloudPano to
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released
SimpleShowing, an online real estate startup disrupting the traditional real estate brokerage by changing the way buyers and sellers use real estate
President-elect Joe Biden is set to nominate Rohit Chopra as the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the agency whose creation she championed.
Chopra, a commissioner
Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu for allegedly engaging in various unlawful mortgage-lending practices. 1st Alliance, based in Hartford, Connecticut,
Mortgage bond prices finished the week lower which put upward pressure on rates. Rates worsened sharply Monday and Tuesday in continuation of the recent rate spikes. The selling pressure reversed course the latter portion of the week. Consumer prices rose
