The long-running animated television series “Family Guy” had fun with reverse mortgages in general and the American Advisors Group advertisements featuring Tom Selleck in particular on its latest episode that aired Sunday night on Fox. In the episode, the perennially...
Vancouver-based Lendesk Technologies, a fintech provider for Canada’s mortgage professionals and a part of Rocket Companies (NYSE: RKT), has introduced Lender Spotlight AI Assistant, a new product designed to sift through a database containing thousands of mortgage...
The eviction of a Chinese-owned agtech company from Arkansas farmland, a Fed officer who acknowledged the central bank’s negative impact on housing and a big ball of fun on the Las Vegas Strip. From the wild and wooly world of real estate, here are the hits and misses...
The U.S. Department of Justice (DOJ) announced a $9 million settlement with Ameris Bank, a wholly owned subsidiary of Ameris Bancorp (NASDAQ: ABCB) to resolve allegations that the lender engaged in redlining against predominantly Black and Hispanic communities in...
The 30-year fixed-rate mortgage continued its climb to the 8% level, averaging 7.63% as of Oct. 19, according to new data from Freddie Mac’s (OTCQB:FMCC) Primary Mortgage Market Survey. Last week, the 30-year fixed-rate mortgage averaged 7.57%. One year ago at...
A coalition of attorneys general from 50 states and territories announced a $20 million settlement with payment processor ACI Worldwide related to a 2021 testing error that created the unauthorized withdrawal of $2.3 billion from customers of Nationstar Mortgage (also...