Fair Housing - Real Estate Investor Pulse

10 ways for real estate agents to stay compliant with fair housing laws

November 7, 2023 Mariel Alumit Comments Off

The last thing homebuyers and sellers expect to encounter on their real estate journey is discrimination. But until 1968, unethical practices in real estate prevented thousands of people from renting, buying or selling their homes. […]

Fed watchdog: Fair Housing Act, ECOA must evolve with realities of AI

July 19, 2023 Mark Paul Cervantes Comments Off

At an event marking the 55th anniversary of the passage of the Fair Housing Act (FHA) during the National Fair Housing Alliance 2023 National Conference, Federal Reserve Vice Chair for Supervision Michael Barr delivered remarks […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]