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Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
This is the DOJ’s first redlining settlement with a credit union. Continue Reading Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
Leadership Change at Chicago Community Loan Fund
Bob Tucker will become CCLF’s next president, effective Jan. 1, 2025. Continue Reading Leadership Change at Chicago Community Loan Fund
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
The Homes Act is Ocasio-Cortez’s second housing bill introduced this year. Continue Reading AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
Federal Reserve Announces 50 Basis Point Rate Cut
The new rate range is now at 4.75% to 5.0%. Continue Reading Federal Reserve Announces 50 Basis Point Rate Cut
Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Sanjay Patel is scheduled to be sentenced on Dec. 12. Continue Reading Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Mortgage Application Activity Up 10.4%
The Refinance Index increased 11% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 10.4%
Anchor Loans Debuts TPO Channel
“At Anchor Loans we are obsessed with delivering exceptional customer value,” said Tim Landwehr, co-chief revenue officer. Continue Reading Anchor Loans Debuts TPO Channel
FTC Returns $1.2 Million to Consumers from Loan Modification Scheme
The FTC is sending payments to 6,261 consumers who will each receive $201.34. Continue Reading FTC Returns $1.2 Million to Consumers from Loan Modification Scheme
HomeEquity Bank Taps TV Journalist Peter Mansbridge for Reverse Mortgage Campaign
Mansbridge was the chief correspondent for CBC News and anchor of “The National” from 1988 to 2017. Continue Reading HomeEquity Bank Taps TV Journalist Peter Mansbridge for Reverse Mortgage Campaign
Mortgage Rates Hold Steady in the Mid-6% Range
The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Hold Steady in the Mid-6% Range
Foreclosure Filings Up 10% in 2023
The state with the highest foreclosure rates in 2023 was New Jersey with 0.46% of housing units with a foreclosure filing. Continue Reading Foreclosure Filings Up 10% in 2023
NRL Mortgage and Calque Unveil The Trade-In Mortgage
“NRL Mortgage stood out as one of the top mortgage lenders to offer The Trade-In Mortgage,” said Dan Mugge, chief operating officer at Calque. Continue Reading NRL Mortgage and Calque Unveil The Trade-In Mortgage
Mortgage Application Volume Up Nearly 10%
The holiday adjusted Refinance Index increased 19% from the previous week and was 30% higher than the same week one year ago. Continue Reading Mortgage Application Volume Up Nearly 10%
Guaranteed Rate Debuts RateReduce Sell Program
Chicago-headquartered Guaranteed Rate has enhanced its RateReduce offering to include RateReduce Sell, a program designed to help real estate agents facing a challenging home sales market. According to the company, RateReduce Sell provides real estate agents the...
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
