Less than two months after the abrupt failures of Silicon Valley Bank and Signature Bank, federal regulators seized First Republic Bank and sold it to JPMorgan Chase Bank. The Federal Deposit Insurance Corporation (FDIC) and […]
Yeager was previously president of Level Capital, a private portfolio lender that provides vertical financing to builders/investors. The post Brady Yeager Named National Sales Director at Movement Mortgage appeared first on Weekly Real Estate News.
Maxwell, the mortgage fintech backed by Wells Fargo and Fin Capital, has launched Maxwell Single-Sign On, an SSO (single sign-on) tool for lenders to enhance security and reduce the risk of data breaches, the company […]
Recently, the director of the Federal Housing Finance Agency (FHFA) issued a statement clarifying the agency’s rationale for changes to loan level pricing adjustment (LLPA) fees going into effect on May 1. The changes have created […]
Gov. Kathy Hochul envisioned a “more sustainable, affordable, and equitable future for New Yorkers.” The post $15 Million Allocated for 3,000 All-Electric NYC Homes appeared first on Weekly Real Estate News.
With lenders competing for every purchase transaction, some may be dusting off products they haven’t used in years or expanding their credit box to accommodate more borrowers and increase access to homeownership. Ensuring that creativity […]
HousingWire is excited to announce the 2023 class of Rising Stars! In its tenth year, this industry award is showcasing the up-and-coming leaders in housing who have had major accomplishments all before the age of […]
CFPB Director Rohit Chopra said the new rules “would require sensible safeguards on these clean energy loans.” The post CFPB Seeks New Protections for PACE Loan Borrowers appeared first on Weekly Real Estate News.
The Consumer Financial Protection Bureau (CFPB) announced on Monday a proposed rule that seeks to bolster consumer protections for borrowers seeking Property Assessed Clean Energy (PACE) financing for home renovations. These loans, which are often […]
“The policy will take money away from the people who played by the rules and did things right,” said the fiscal officers in their letter of protest. The post 27 States Ask Biden and FHFA […]
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