Tag Archives: Banking & Lending

3 tips for getting started on your 2023 business plan

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Despite setbacks and uncertainties, multifamily investors can plan for the future by staying informed and open to the possibilities of change in the months ahead. Continue reading →

Better.com laid off employees who were on parental leave: lawsuit

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Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. More than a dozen others impacted, lawsuit says. Continue reading →

‘Is now a good time to buy a home?’: Here’s how to answer

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It’s the question everyone is asking right now, and the answer depends in part on your knowledge of the market and in part on the client’s personal perspective. Jimmy Burgess talks to David Childers, president of Keeping Current Matters, to determine h… Continue reading →

Fannie, Freddie ordered to slash fees for many first-time homebuyers

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Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance Agency announced Monday. Continue reading →

It’s time for the mortgage industry to create meaningful options for homebuyers

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Although mortgage companies go all-in on layoffs and bemoan the state of the industry, they’re failing to provide truly helpful solutions that would reassure buyers and get them into homes. Broker Troy Palmquist calls on big banks and MLSs to promote s… Continue reading →

Homebuyers, lenders increasingly wise to flood risk: Zillow

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Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading →

Mortgage company Cornerstone Home Lending is now a bank

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The acquisition and merger with Roscoe State Bank pave the way for the lender to provide new products, services and resources through advanced technologies. Continue reading →

Mortgage rates haven’t been this chaotic since Black Monday: Study

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A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since. Continue reading →

The end of credit scores? The best ideas from Zillow’s Hackathon

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The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Continue reading →

Playing the long game? Here’s what’s next for crypto

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What crypto players are still standing as the market sheds weaker competitors? Rich Hopen outlines what’s next and what to expect in this Crypto Corner column.
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