Tag Archives: regulations

FTC prepares to challenge ICE’s $13B Black Knight deal: Report

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The Federal Trade Commission is not convinced that Black Knight’s plans to spin off its Empower loan origination system allays antitrust concerns, “Politico” reports. Continue reading →

Fannie and Freddie keep building capital reserves as profits shrink

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By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Continue reading →

Real estate industry welcomes FHA premium cuts, with caveats

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Cuts are expected to save borrowers $678 million a year but don’t apply to existing loans or release homeowners who have built up equity from “life-of-loan” requirements. Continue reading →

More homebuyers are blaming their agents — and hauling them to court

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Even though the extreme seller’s market is in the rearview mirror, disgruntled clients have been filing more lawsuits against their agents, according to an analysis by Victor Insurance Managers. Continue reading →

Study sounds the alarm on $187B ‘climate housing bubble’

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A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots. Continue reading →

ICE sees $13B Black Knight merger surviving antitrust concerns

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Black Knight is reportedly looking to spin off its Empower loan origination system to placate regulators’ antitrust concerns as critics raise market power, data privacy issues. Continue reading →

Court tosses redlining suit sparked by mortgage broker’s radio show

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Regulators alleged statements made by hosts of Townstone Financial’s call-in show discouraged “prospective” African-American applicants from seeking mortgage loans. Continue reading →

Regulators fire warning shot over bow of mortgage comparison sites

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The Consumer Financial Protection Bureau warned on Tuesday that operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks. Continue reading →

City National Bank to pay at least $31M to settle redlining charges

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The biggest redlining settlement in DOJ history is the fifth enforcement action since the launch of the initiative to combat redlining in 2021, with $75 million in relief to date. City National denied that it engaged in redlining. Continue reading →

This is the year when ‘agents have to go deep’: BHGRE’s Barry Jenkins

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Barry Jenkins, Better Homes and Gardens Native American Group chief marketing officer, sat down with Inman ahead of his appearance at Inman Connect New York. Continue reading →