“We feel like we’ve done what we need to navigate the environment,” Homepoint’s president and CEO Willie Newman said in an interview Friday.
As rates continue to rise and lenders adjust to markedly tighter profit margins, the hunt is on for opportunities to improve operational costs. In light of that, HousingWire Content Solutions Managing Editor Maleesa Smith sits down with Sara Kodikara, Sr. Professional of Product Management at CoreLogic, to discuss a key area where lenders could improve their bottom line.
The post A key area where lenders can improve the bottom line appeared first on HousingWire.
Appraisers cite AMCs and incomplete MLS information as major sources of delays, while agents cite…appraisers as source of delays.
The post Appraisers voice opinions on AMCs, appraisal delays appeared first on HousingWire.
The rule aimed to reduce reporting burdens for certain lenders under HMDA, which a D.C. District Court Judge found “arbitrary and capricious.”
The post Federal court tosses relaxed Trump-era mortgage lender transparency rule appeared first on HousingWire.
Undisclosed changes to a borrower’s credit report aren’t always intentional, and it’s not always considered fraud. But even when the borrower is not purposefully misleading their lender, the repercussions can be costly. That’s why the best defense is a good offense.
The complaint filed in federal court alleges that from at least 2015 to 2021, Lakeland Bank failed to provide mortgage lending services to Black and Hispanic neighborhoods in and around Newark, NJ.
The post Another lender settles redlining accusations with DOJ appeared first on HousingWire.
With inventory still in tight supply, what does the next couple of months look like for the housing market? NAR’s Jessica Lautz helps put the current housing data into perspective.
The post Opinion: Here’s the latest data on what Realtors are witnessing in the housing market appeared first on HousingWire.