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Judge OKs Amended Lawsuit Claiming Predatory Lending By Wells Fargo

Officials in 3 Ga. counties filed the complaint claiming Wells Fargo engaged in an 'equity stripping' scheme that targeted minorities.

Courts
Fed Rate Hike Doesn’t Alter Redfin’s Spring Housing Outlook

Says spring home-sale season starts with steady demand, but lack of listings holds back sales.

Analysis and Data
CBC Mortgage Agency Hires Capital Markets Director

Mark Leslie has 22 years of experience as a mortgage trader.

People On The Move
Mar 24, 2023
the interest
Keeping Current Matters Names Ratiu Chief Economist

Held similar positions with Realtor.com and NAR.

People On The Move
Fannie Mae: Banking System Instability Could Cause Recession

ESR Group says housing activity expected to remain subdued.

Analysis and Data
Major Mortgage Lenders Adjust Financing Deals

loanDepot switches from Credit Suisse, UWM adds $500M facility.

Wholesale
House Flipping Up, Profits Down In 2022: ATTOM

House flips reached their highest level in 17 years, but ROI was lowest since 2008.

Analysis and Data
Mar 23, 2023
the interest
U.S. 2nd Circuit Appeals Court Rules CFPB Constitutional

Decision comes as Supreme Court prepares to review 5th Circuit Court's opposite ruling on the bureau.

Courts
Regulation and Compliance