How Jesse Jackson predicted (and tried to stop) the 2007 crash

The Rev. Jesse Jackson’s death marks the end of an era in U.S. civil rights movement leadership, but his warnings about predatory lending remain urgently relevant, Dr. Lee Davenport writes. Continue reading

Analyst: Portals like Zillow face ‘long-term risk’ from Google real estate experiment

Google is displaying real estate listings as search results in some markets — prompting questions about IDX violations and analyst speculation about risks to the portals. Continue reading

Homebuyers like ‘high-touch’ loan advisors equipped with tech tools

Technology like AI is helping lenders do a better job of providing useful guidance and advice to borrowers, boosting customer satisfaction and repeat business: J.D. Power. Continue reading

Evergreen Home Loans hiring to serve 29 additional states

After setting up shop in 11 new states, lender’s “strategic expansion into carefully identified markets nationwide” will include 18 additional states before next year’s spring homebuying season. Continue reading

Here’s the data you need to grow your real estate business right now

The agents who will thrive this year aren’t waiting for the market to change, Jimmy Burgess writes. They’re making the market work for them. Continue reading

Mr. Cooper is ‘firing on all cylinders’ going into merger with Rocket

CEO Jay Bray says the loan servicing giant intends to “hit the ground running” when it merges with Rocket Companies later this year after turning a $198 million Q2 profit. Continue reading

Anywhere names Barri Rafferty chief communications officer

The communications vet and former CEO will handle government relations, events and productions functions for the company and will report to CEO Ryan Schneider, Inman has learned. Continue reading

Wells Fargo free to grow again after Fed lifts $1.95T asset cap

Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets. Continue reading

Evergreen Home Loans pursuing national expansion strategy

Bellevue, Washington-based Evergreen hires Wells Fargo and Bank of America veteran Andrew Leff as head of national business development as it continues to expand beyond its roots as a regional independent mortgage bank. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading