Attorneys T. Robert Finlay and Jonathan D. Fink explore a recent court ruling where a lender’s settlement agreement with its defaulting borrowers violated California’s usury laws by including a [...]

Some 30% fewer new listings came on the market in March compared to pre-pandemic norms, meanwhile sales activity experienced a modest increase, according to Black Knight's latest Mortgage Monitor [...]

As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase. Source: DS News

While annual home price growth fell to lows not seen in a decade, growth still increased for the 134th consecutive month in March 2023. Source: DS News

Nationwide, the average payment on a new mortgage is now $2,317 a month, according to a new report from LendingTree, as new data revealed mortgage payments owed by borrowers [...]

Extension of deal combines the usage of Sagent’s LoanServ fintech platform across Digital Federal Credit Union’s mortgage servicing lifecycle. Source: DS News

Ginnie Mae has published a new Memorandum announcing announced it will transition all outstanding LIBOR Classes of Ginnie Mae Multiclass Securities after June 30. Source: DS News

First Republic Bank, with assets of $229B, was taken over by the FDIC and purchased by JPMorgan Chase. Source: DS News

As peak rental season approaches, a new Zillow survey revealed that roughly 92% of landlords reported that maintaining properties and screening renters are the biggest hassles of property management. [...]

As homeowners continue to hang onto low mortgage rates, a new report from Redfin revealed new listings of homes for sale fell 22.4% nationwide from last April, while pending [...]