HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about credit optimization and how taking a closer look at consumer credit can benefit borrowers.  HousingWire: You have advocated for giving consumer credit another look. Why is this important now?Mike Darne: In

The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for about four years, it announced on Monday. A top-20 U.S. mortgage lender, Charlotte-based BofA had $229 billion in ou

Infamous ransomware gang AlphV/BlackCat appears to be behind last Tuesday’s cybersecurity attack at Big Four title firm Fidelity National Financial.In an online post on Wednesday, the ransomware gang claimed credit for the attack and wrote that Fidelity was “ruined” for hiring incident responders, a

Nonbank mortgage companies increased their profitability as a group in the third quarter of 2023, compared to the previous quarter, due to the performance of their servicing and origination businesses. It’s good news in the current shrinking market. Analysts at the credit rating firm Moody’s Investo

Proptech solutions provider Ascent Software Group (ASG) has acquired property data collection platform Value Acceptance. Through the acquisition, ASG hopes to modernize the appraisal industry by providing innovative valuation products and solutions and complete new property data reports required by

Wellness offerings can be integrated into office buildings through multipurpose outdoor areas, on-site healthcare services, and access to nutritious food options.

On the western edge of Oregon’s Oswego Lake is an exclusive district known as the Gold Coast. The neighborhood enjoys access to recreational and water activities.

Smart Lighting NKBA reports that LED technology is now 100% of the lighting products specified for bathroom remodels.

The Mortgage Bankers Association (MBA) this week appeared to relay caution to its members about the announcement from the Federal Housing Finance Agency (FHFA) last week that it had published a new, final rule on the Enterprise Regulatory Capital Framework (ERCF) related to commingled securities.“Th

Veev, a promising modular homebuilding company that’s raised $600 million, could close after a plan for a capital raise failed, according to reporting out of Israel. There are talks about a “leading company” potentially acquiring California-based Veev, but the negotiations remain in the very early s

In a country of more than 335 million people, with 157 million of those people working, we still only have 76,000 new homes available for sale as we head into December. The crazy part of this story is that this number looks perfectly normal to me. One of the urban myths spouted by people needing mor

If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year, too. However, what you might not know is that home sales are climbing, which is a good sign.Watch the video above to get the latest housing market update

The copycat commission lawsuits have spread to the Southeast. On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions.The lawsuit was filed by Janet Philli

Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over.The decline in the 10-year Treasury yield and agency mortgage-backed securities (MBS) yields — due to a soft jobs report in late October — led to

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank, Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve.HousingWire: Has the banking crisis earlier

Nearly three months after filing an initial complaint accusing Gary Keller and Keller Williams of inflating key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers, John Davis has made tweaks to his lawsuit.In his i

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales.In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published

When it comes to real estate, having the right agent by your side can make a world of difference. This is especially true for investors, who have unique needs and goals that require the expertise of an experienced and knowledgeable professional. If you are an investor looking to buy properties in Om

Real estate agents are continuing to stay put, moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index.The index shows the relative degree of movement between brokerages by experienced agents and is indexed to t

The cost of housing has continued to rise, diving down affordability for the average American. Yet homebuying has held up. Inflation fears explain why.