In a move that could pose challenges for lenders that employ AI and algorithms to evaluate borrowers, federal housing officials are moving to rescind policies…
Posts published in “Regulations”
Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Source: Inman News
Despite its title — “The End of the Two-Sided Deal: Will This Be The New Normal?” — a panel at Inman Connect quickly turned into…
During a speech kicking off Inman Connect, Brad Inman said that the industry has evolved quickly during difficult times, but it needs bold leadership to…
Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern. …
The CDC is facing another legal challenge of the federal agency’s nationwide eviction moratorium, this time from the Florida Association of Realtors, which claims the…
The National Advertising Division of BBB National Programs takes issues with promises by Quicken Loans that “No Registration, No Login” is required in company advertisements…
U.S. Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors’ midyear…
Acquisition of Texas Capital Bank’s correspondent lending business is expected to double the channel’s volume for PHH Mortgage. Source: Inman News