CFPB tightening underwriting for PACE energy improvement loans

PACE lenders object to rule requiring them to evaluate borrowers’ ability to repay and provide more comprehensive disclosures so homeowners can comparison shop for other types of financing. Continue reading

Nation’s biggest lender, UWM, is piloting Fannie Mae title waivers

Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing program to move forward on eve of a second Trump administration. 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

NAR’s commission settlement has been approved. But is it really over?

Not even a last-minute twist could stop this train, writes University at Buffalo law professor Tanya Monestier, who envisions a long road before the courts truly wash their hands of commissions. Continue reading

HUD raising FHA ceiling in high-cost markets to $1.2M next year

Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225. Continue reading

Fannie, Freddie loan limits upped to $806,500 in most markets

Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes. Continue reading

Buyer-broker agreement may limit how brokers compete, DOJ warns

Ahead of a final Nov. 26 approval hearing on NAR’s proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours. Continue reading

Ben Carson reportedly in the running to lead HUD again

As a Project 2025 author, Carson called for raising FHA premiums and a “reset” of HUD to reverse “corrosive progressive ideologies across the department’s programs.” Continue reading