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New-home sales continue to slide in July, bringing down prices
With the pace of existing and new home sales down, econmists expect 2025 will be an even weaker year for the housing market than 2024.
The HELOC product returns to Chase Home Lending
A Chase representative said the bank previously offered HELOCs but paused new applications in 2020 due to market uncertainty.
Crib Equity partners with Jason Mitchell Group
Crib Equity increases homebuyers’ purchasing power by matching a portion of their down payment without increasing their monthly payment.
CFPB rescinds 67 guidance documents, including mortgage policies
The CFPB has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry. Here’s how it affects lenders.
Outdated mortgage tech is draining lenders: Here’s how to stop the bleeding
The lending playbook needs an overhaul
Let’s cut through the noise: The mortgage market isn’t changing; it’s already changed. Volatility is the norm, margins are squeezed within an inch of viability and borrowers expect a frictionless experience every time. If your entire business still revolves around purchase and refinance, you’re not just playing catch-up, you’re being left behind.
Bidding wars for mortgage LOs heat up again
The fiercely competitive hiring environment is driven by the anticipation of a refinance wave that hasn’t fully materialized. It places some companies in a difficult position.
StreetEasy to deploy Zillow’s listing standards in June
Agents and teams that violate the policy will lose access to several products and programs through StreetEasy and Zillow.
Compass has sued an MLS. History could shed light on its antitrust claims
A brokerage and eventually the FTC sued Realcomp in the mid-2000s over a listing policy, an echo of Compass’s suit against NWMLS.
Greystar hit with second lawsuit over alleged ‘junk fees’
Greystar Real Estate Partners is facing a second lawsuit alleging it imposed illegal and excessive fees on tenants across California.
