A lawsuit filed by the CFPB and Justice Department alleges that Texas-based developer and lender Colony Ridge targeted and exploited Hispanic borrowers with false statements and predatory loans.
Read More »HUD Takes Further Action to Close the Digital Divide
By opening a new round of applications, HUD's ConnectHomeUSA program seeks to support additional Department-assisted communities in getting affordable and reliable internet access.
Read More »Report: Equilibrium to Return to Short-Term Rental Market in 2024
According to AirDNA, increased economic stability will boost the short-term rental market in 2024, with demand anticipated to rise by 10.7% year-over-year.
Read More »More Rental Housing Could Moderate Prices Next Year
The latest forecast from Freddie Mac for multifamily housing predicts that rent growth will moderate due to the fact that completions will peak during the year.
Read More »What International Markets Are American Real Estate Investors Targeting?
A new survey of U.S. real estate investors uncovers the top international markets sought after for their beaches, city properties, good healthcare, and safety.
Read More »Examining Title Insurance, Settlement Services, and Life-of-Loan Costs
A new study found that, in the grand scheme of things, the cost of title insurance and related services make up such a minute amount of the cost of a life of a loan, they are statistically insignificant.
Read More »Report Spotlights Lending Inequities at Navy Federal Credit Union
The nation’s largest credit union—Navy Federal—has been found to have “the widest disparity in mortgage approval rates between White and Black borrowers of any major lender,” according to a CNN study of CFPB lending data.
Read More »Commercial and Multifamily Mortgage Debt Grows in Q3
MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter.
Read More »Home Flipper Investment Returns Rebound
Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of purchase and the point at which they sold them.
Read More »Housing Market Snapshot: The Year Ahead
The National Association of Realtors' latest forecast predicts a modest bump in existing-home sales while annual median home prices should remain relatively flat—something that bodes well for affordability.
Read More »
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