CFPB’s Chopra addresses mortgage trigger leads, servicing rules in Senate hearing

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra has made the rounds this week on Capitol Hill, providing testimony to Congress in their semi-annual reviews of the CFPB. On Thursday, Chopra took questions from members of the U.S. Senate Committee on Banking, Housing and Urban Affair
Read MoreConforming, FHA loan limits rose for 2024, but who benefits?

The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%.The self-employed homebuyer found an $800,000 home in Texas, but with the conforming loan limit for 2023 being $726,200, the buyer needed a jumbo loan or
Read MoreHUD proposes 30-day notice rule for public housing rent nonpayment

The U.S. Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent.PHAs with tenants in public housing and owners of properties particip
Read MoreIntroducing the 2023 HousingWire Tech Trendsetters!

As the housing market continues to undergo a seismic shift, technology leaders like this year’s Tech Trendsetters stand as beacons, guiding the industry toward a future where innovation is not an option but an imperative for success. From cutting-edge fintech solutions to revolutionary proptech plat
Read MoreREBNY vows to fight copycat commission lawsuit

In the face of a copycat commission lawsuit, the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.”Originally filed in early November, the commission lawsuit know
Read MoreCredit reports will be more expensive for mortgage lenders in 2024

Mortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations. In 2024, Fair Isaac Corp. (FICO), the company that retains the rights to the market’s adopted methodology to measure consumer credit risk, will charge one
Read More6 best online real estate schools in Texas for 2024

Ready to find the best online real estate schools in Texas? Completing the required 180 hours of prelicensing coursework is your first step to getting licensed. In this article, we’ll explore the best Texas real estate schools to equip you with the knowledge and skills necessary to thrive in this co
Read MoreSacramento Kings’ Trey Lyles Posts His Los Angeles Retreat For $5.9 Million

Located at 4778 Zelzah Avenue, the nearly half-acre property sits south of Ventura Boulevard on the western end of Encino.
Read More7 best real estate schools in Illinois (IL) for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re h
Read MoreBest Housewarming Gifts: TV/Audio/Home Theatre Items For The Home

When choosing housewarming gifts like a TV, speaker, record player, or home theatre, these tips can help you select something that's both stylish and useful.
Read MoreCarson Kressley Talks Ballard Designs At The Breeders Cup

Design comes in first place when Carson Kressley creates a chic lounge space at the Santa Anita Raceway with Ballard.
Read MoreMoehrl commission lawsuit trial not expected until end of 2024

If you are waiting on another commission lawsuit trial, it looks like you will be waiting a while. Judge Andrea R. Wood of the U.S. District Court in Chicago indicated this past spring that the trial in the Moehrl commission lawsuit would take place during the first half of 2024. But those plans see
Read MoreSenior FDIC official to lead Conference of State Bank Supervisors

The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and chief executive officer (CEO).Milhorn will assume the new role on Dec. 4, succeedin
Read MorePending home sales fall to their lowest level in two decades

Pending home sales in October fell to their lowest level since 2001. As mortgage rates edged near multi-decade highs, pending home sales declined 1.5% in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). As a result, NAR’s Pending
Read MoreFidelity says cybersecurity attack is contained but questions remain

After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack, the firm said the incident was contained on Sunday, November 26. In an updated filing with the Securities and Exchange Commission on Thursday, Fidelity disclosed the company became aware of a cybersecurit
Read MoreMortgage rates fall to levels not seen since September

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac.The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac‘s Primary Mortgage Market Survey. Th
Read MoreCFPB’s Chopra addresses mortgage issues in House oversight hearing

The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish.This is according to CFPB Director Rohit
Read MoreHow to get a real estate license in Ohio (OH) in 5 steps

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Wondering how to get a real estate license in Ohio in 2024? Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real esta
Read More7 best real estate classes in Ohio (OH) for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is t
Read MoreClear Capital’s Kenon Chen on appraisal modernization

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital, to talk about appraisal modernization and how technology is just part of the solution. Sarah Wheeler: What are some of the biggest challenges right now?Kenon Chen: The challenge
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