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Feds Seek Input on Updating AVM Quality Control Standards

Feds Seek Input on Updating AVM Quality Control Standards

by Phil Hall | Jun 2, 2023 | Industry Updates, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six federal regulatory agencies have jointly requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In a statement, the agencies said the proposed rule would “implement quality control...
GOP Governors Call on Biden to Rescind LLPA Changes

GOP Governors Call on Biden to Rescind LLPA Changes

by Phil Hall | May 31, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...
Alec Hanson promoted to CMO at loanDepot

Alec Hanson promoted to CMO at loanDepot

by Phil Hall | May 31, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

loanDepot Inc. (NYSE: LDI) has promoted Alec Hanson to chief marketing officer (CMO). In his new role, Hanson will be responsible for the development of brand, digital marketing, and organic and digital lead generation campaigns and the company’s originator-led...
Supreme Court Sides with Property Owners Against EPA on Wetlands Authority

Supreme Court Sides with Property Owners Against EPA on Wetlands Authority

by Phil Hall | May 25, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

In a ruling that could be seen as a victory for property owners and developers, the U.S. Supreme Court limited the U.S. Environmental Protection Agency’s (EPA) authority over areas that it defines as wetlands. The court ruled in Sackett v. EPA that the agency does not...
DCHFA Unveils Investor Relations Website

DCHFA Unveils Investor Relations Website

by Phil Hall | May 24, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The DC Housing Finance Agency (DCHFA), a financial intermediary and administrator of affordable housing programs for the District of Columbia, has partnered with BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, to...
PacWest Sells Real Estate Lending Division

PacWest Sells Real Estate Lending Division

by Phil Hall | May 24, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

PacWest Bancorp (NASDAQ:PACW) sold its Civic Financial Services property lending division to the real estate financing firm Roc360 for an undisclosed amount. The sale, which was reported by the Wall Street Journal, is the second transaction this week involving PacWest...
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  • California Home Purchase Christie’s International Real Estate Expands in California
  • GOP Governors Call on Biden to Rescind LLPA Changes
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International News

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  • Feds Seek Input on Updating AVM Quality Control Standards

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