First American adds real-time fraud alerts to title tech platform

Order Insights helped protect over 130,000 files in November by validating transaction data, notifying title agents of discrepancies and identifying other potential fraud indicators. Continue reading

December Fed rate cut seen as a lock — then caution may prevail

The latest Consumer Price Index reading is in line with expectations, but progress in fighting inflation has stalled. Forecasts for a slower pace of easing next year might keep mortgage rates above 6 percent. Continue reading

SoCal law enforcement personnel offered 0-down home loans

Los Angeles Police Federal Credit Union (LAPFCU) expands its service area and membership base to include municipal, county, state and federal law enforcement agencies in 10 counties Continue reading

MyCUmortgage onboards 15 credit unions as new clients in 2024

Ohio-based credit union service organization (CUSO) partners with mortgage technology providers to help credit unions originate, underwrite and service conventional and government-backed mortgages. Continue reading

Americans optimistic home prices and mortgage rates have peaked

While only 23 percent of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that’s up from 14 percent a year ago, when mortgage rates were near post-pandemic peaks. Continue reading

Embattled sale-leaseback platform EasyKnock closes its doors

Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General. Continue reading

Hiring slows and unemployment rises, boosting odds of Fed rate cut

Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work the unemployment rate is back up to 4.2 percent. Continue reading

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading