GOP Governors Call on Biden to Rescind LLPA Changes
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
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
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
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 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...
Why education is set to be doubly important for agents in 2023
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Three things government could do to support the housing market now
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How to shop for and compare mortgage offers
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