Will Trump’s new housing finance director privatize Fannie and Freddie?

The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading

Connect the Sessions: Follow the money at Capital Connect

Venture capitalists, start-up founders, private equity professionals and many others will give you the inside scoop on what’s coming down the pipeline. Continue reading

Say hello to your new CFPB director, Kathy Kraninger

The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading

Fed, other regulators crack down on money laundering

Uncle Sam is getting serious about illicit money laundering, especially as it applies to real estate. Here’s what the Fed and four other regulatory agencies are doing to take action against financial crimes that affect our industry every day. Continue reading

iBuyers are fueling Wall Street’s rental takeover

Homebuying startups that offer quick sales to antsy sellers are fueling the steady incursion of mammoth investors into the single-family rental market. Continue reading

Fed probing into cash deals over $300K to prevent fraud

FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered … Continue reading

Online mortgage lenders aren’t ending discrimination: Study

Despite the latest technology disrupting real estate, people of color and minorities still face discrimination when it comes to home buying. Continue reading

What’s the No. 1 thing today’s borrowers want? Faster response times

The latest J.D. Power study of borrower satisfaction revealed that loan officer response times are what make or break the experience, and this has pushed many consumers to go digital. Continue reading