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S&P Case-Shiller Indices: Home-Price Trends Moderated In February

S&P Index reported a 2% annual gain in February, down from 3.7% in January.

Analysis and Data
UWM Seeks To Dismiss AML Countersuit Over 'Ultimatum'

Files motion in federal court stating AML failed to prove antitrust claims.

Courts
What To Expect From The Spring Buying Season

An expert tells us whether we can expect the market to warm up with the weather.

Apr 25, 2023
NMP's The Principal
loanDepot Sets Annual Meeting For June 7

Meeting expected to formalize settlement that expanded board; also files annual report showing it cut staff by 54% in 2022.

Operations
MBA: Don’t Make Lenders Liable For Actions Of Independent Appraisers

Files amicus brief in discrimination lawsuit in response to CFPB, DOJ Statement of Interest.

Regulation and Compliance
Objections Raised To RMIT Chapter 11 Liquidation Plan

Lack of funds, plan to cease loan servicing among issues cited.

Reverse
Courts
Apr 24, 2023
The Interest
FSOC Proposes New Guidance For Supervision Of Nonbanks

Seeks public comment on procedures that would update and replace guidance established in 2019.

Regulation and Compliance
Court Upholds Conn. Banking Department Actions Vs. 1st Alliance

Defunct East Hartford lender loses on appeal; still facing CFPB lawsuit.

Courts
Array Announces Launch of Debt Manager App

Embeddable tool provides comprehensive view of credit and loan account information.

Tech