This Week in Finance News: 14 Stories You Need to See
A roundup of the week's most newsworthy financial industry press releases from PR Newswire, including Americans losing sleep over money and finance options for disaster relief. With thousands of press releases published each week,
CFPB Penalizes Freedom Mortgage and Realty Connect for Illegal Kickbacks
Lender provided incentives to Realty Connect and other brokerages in exchange for mortgage referrals Today, the Consumer Financial Protection Bureau (CFPB) took action against Freedom Mortgage Corporation (Freedom) for providing illegal incentives to real
AimLoan Completed Successful Implementation of MSP, Black Knight’s Loan Servicing System
System Will Support Growth and Deliver a Premier Customer Experience as AimLoan Begins Servicing its Portfolio AimLoan completed its implementation of the MSP servicing system and will use it to help them manage their
MLS Outage Impacting Real Estate Services and Housing Market Reporting
An outage is impacting several multiple listing services in various parts of the country, including some markets in California, Colorado, Indiana, Kansas, Michigan, New Jersey, New York, Ohio, Texas and Virginia. As a result, all
Remarks of CFPB Director Rohit Chopra at White House Roundtable on Protecting Americans from Harmful Data Broker Practices
Thank you to White House National Economic Council Director Lael Brainard and White House Office of Science and Technology Policy Director Arati Prabhakar for convening this roundtable on protecting Americans from harmful data broker
The Typical Teacher Can Afford Just 12% of Homes for Sale Near Their School, Down From 30% in 2019
In San Jose and San Diego, no homes for sale near the schools Redfin analyzed are affordable on the local teacher’s median salary. Just three metros had a share above 50%: Detroit, Cleveland and
Equifax Introduces Smart Screen™ Portfolio of Consumer Reports
New Offering Accelerates Delivery of Criminal Background Checks When Required by Background Screeners, Employers and Government Agencies Equifax® (NYSE: EFX) has launched Smart Screen™, a new portfolio of consumer reports. Leveraging the Equifax Cloud™ and the TotalVerify™ data hub,
Freddie Mac Reminds Homeowners Affected by Devastating Wildfires in Maui of Immediate Mortgage Relief Options
Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in Maui. Freddie Mac’s forbearance program provides homeowners immediate mortgage relief for
The Real Estate Picture
What a strange real estate market. To our knowledge, never in our history have we had a situation in which the real estate market has slowed down only because there are not enough homes
Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist
According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates crossed 7% for the first time since November 2022, before falling sharply and then rebounding to 6.88% Overall rate lock volumes were down 7% month