Daily Dose

With representatives from numerous banks and servicers, as well as government agencies such as FHFA, the GSEs, and the CFPB, the Five Star Educational Labs delved into headwinds and insights from dozens of subject-matter experts.

The annual Five Star Conference gathers mortgage servicing industry executives with government representatives, attorneys, service providers, and others. Sunday’s lineup included programming aimed at the agent membership of Five Star’s Federation of REO Certified Experts (FORCE).

Prior to loanDepot, Smallwood served as General Counsel and EVP of Caliber Home Loans. Before that, he held senior roles at Bank of America, Morgan Stanley, Saxon Mortgage, GMAC ResCap, and Chase Manhattan Mortgage Corporation.

"This bill will hold banks accountable to the local communities where they have branches or do most of their lending,” said Chairwoman Maxine Waters. She added that the legislation would strive to encourage banks’ investment in the communities they serve and to help close the widening racial-wealth gap.

According to a new report from Redfin, nearly one-third —or 31.4%— of U.S. home purchases were paid for with all cash in July. That’s near the eight-year high reached in ...

The Senate Banking Committee will host a hearing taking a closer look at the USDA’s loan guarantees to purchase homes in rural areas, through a discussion with stakeholders in the USDA’s housing services.

According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black ...

ATTOM has released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, ...

Despite the negativity surrounding the housing space, mortgage lenders can lead the way. Abby Waltz of Homes for Heroes explains how to show clients ways to uncover opportunities in today’s marketplace.

House measure seeks to level the playing field for U.S. veterans in pursuit of homeownership through adoption of a modern, digital appraisal process for VA loans.