The Consumer Financial Protection Bureau is seeking industry and public input on major mortgage disclosure requirements, opening a review that could eventually affect TRID compliance, refinance rescission and reverse-mortgage disclosures.The request for information...
Fair Isaac Corp., the company behind the FICO credit score, is eliminating approximately 15% of positions across the company as part of a restructuring that will reduce management layers and integrate artificial intelligence into product development. The workforce...
Mortgage rates moved closer to 8% Tuesday, adding another layer of pressure to a lending industry already confronting weaker borrower demand, thinner margins and a sharp fall slowdown in housing activity.HousingWire Data reported an average 30-year conforming rate of...
Jonathan Rose Companies has acquired La Posada Apartments, a 150-unit mixed-income community in Santa Cruz, California, for $85 million, pairing the acquisition with a long-term extension of federal affordability protections. The property at 609 Frederick Street...
Rockland Trust is providing a $7.4 million financing package for a new 24-unit affordable housing development in Quincy, Massachusetts. The Quincy Street Apartments project, planned for 150-156 Quincy Street, is being developed by Father Bill’s & MainSpring with...