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Suspected $100M real estate fraud scheme uncovered in Baltimore
Investors are accused of taking out $100 million in DSCR loans from dozens of private lenders — using projected rental income as collateral.
Former Zillow Flex agent on who benefits from Premier agent class action lawsuit
The Zillow class-action lawsuit sparks debate on buyer agent disclosures.
How Trump’s immigration policies reshape mortgage strategies
New immigration policies have banned non-permanent residents from some government-backed loan programs, altered borrower behaviors and reduced appetite for nonqualified mortgages (non-QMs). The changes have forced LOs and lenders to shift strategies.
Lisa Cook files suit against Trump, Powell and Fed Board of Governors
The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud.
How DPA is rewriting the lending playbook
The old playbook of financing mainly single-family, site-built homes is getting a radical makeover, and we’re pleased to note that, looking at the numbers, down payment assistance (DPA) programs are leading this charge, allowing buyers to use funds to purchase manufactured homes, multi-family properties and newly constructed homes.
ARMs remain a small share of mortgage loans despite viral 41% claim
Adjustable-rate mortgages often get more attention when rates climb, but don’t fool yourself: their actual footprint in the U.S. housing market remains modest.
Fidelity asks for summary judgment in suit against FinCEN, Bessent
Fidelity argues that implementing FinCEN’s ‘arbitrary and capricious’ anti-money laundering rule would cause it ‘irreparable harm.’
Coldwell Banker Realty adds top agent Mary Bee
In 2024, Bee closed 27 transactions totaling more than $74.2 million in sales volume — and has surpassed $1 billion over her 40-year career.
Pending home sales show slight annual gain in July
Homebuyers remained hesitant in July, despite lower mortgage rates, garnering just a small annual increase in contract signings.