CFPB eyes algorithmic bias

The CFPB announced Wednesday that it may propose a rule to regulate the use of automated valuation models (AVMs) by lenders and appraisers.
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Real Estate, Brokerage

Discount brokerage REX filed a motion in federal district court last week challenging the legality of NAR's claims that REX uses false advertising to deceive customers.

 Real Estate, Brokerage, HW+ Exclusive Content

On its Q4 earnings call, CoStar executives defended the company's culture and were pressed by analysts to explain its expensive plan to gain a foothold in residential real estate.

It's time to elevate the homeownership journey.

SimpleNexus unites the people, systems, and stages of the mortgage process into a seamless, end-to-end solution spanning engagement, origination, closing, and business intelligence.
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Politics & Money, HW+ Exclusive Content

Federal finance and housing regulators on Tuesday issued a statement to assure lenders they are on the same page when it comes to targeted lending programs.

Real Estate

The FHFA found that U.S. home prices rose 17.5% overall from the fourth quarter of 2020 to the fourth quarter of 2021.

Curious how to adapt your workflows to leverage instant title?

Four industry experts, including representatives from top lenders, talked about how they're taking advantage of instant title. Watch their conversation or read the highlights. 
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Mortgage

The total number of loans in forbearance decreased by 11 basis points, from 1.41% in December to 1.30% in January, according to the Mortgage Bankers Association (MBA).

Real Estate, Brokerage

Global luxury real estate brokerage The Agency announced the opening of its latest franchise – they're saying bonjour to Montreal.

Solving The Purchase Loan Closing

Real estate agents and their clients drive the choice in purchase loan closing/title agents. This conflicts with a lender's desire to have a fast, simple and integrated process. Read how tech-forward lenders are solving this challenge.

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