Court Ruling Clarifies Debt Collection Standards for Mortgage Servicers
A recent New York appeals court ruling reinforces key principles in mortgage servicing and debt collection, impacting borrower claims against lenders.
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Mortgage rates and lending news
CHLA Advocates for Mortgage Reform Amidst Consumer Protection Concerns
CHLA has outlined key reforms for mortgage origination rules to enhance affordability and competition, while facing pushback from consumer advocacy groups.
Continue readingConsumer Response Shapes Future of Mortgage Disclosure Rules
The CFPB's recent call for comments on mortgage disclosure rules reflects industry concerns and diverging opinions on transparency and operational efficiency.
Continue readingRate Disparities Persist for Comparable Borrowers Amid Rising Home Prices
Research highlights significant mortgage rate disparities among similar borrowers, while home equity reaches new highs in July 2026.
Continue readingNew York Court Upholds Fannie Mae's Foreclosure Refiling Amid Legal Challenges
Fannie Mae successfully refiles a foreclosure against a Babylon homeowner after overcoming a previous dismissal, highlighting critical nuances in New York foreclosure law.
Continue readingUnderstanding the Benefits of a 20% Down Payment in Today's Housing Market
Many homebuyers are opting for a 20% down payment, leveraging equity and securing better mortgage terms amidst rising rates.
Continue readingBXP Secures $1.2 Billion Financing for Ambitious Midtown Office Development
BXP has obtained a $1.2 billion loan for its 930,000-square-foot office tower at 343 Madison Ave, set to transform Manhattan's skyline by 2029.
Continue readingNew York Court Ruling Reinforces Borrower Rights with $100,020 Fee Award Against 21st Mortgage
A New York court upheld a $100,020 fee award to a borrower, emphasizing the implications of reciprocity in lending agreements.
Continue readingAllegations of Improper Foreclosure in Washington Highlight Risks for Homeowners
A Washington homeowner claims improper foreclosure practices by Nationstar led to substantial losses, including her possessions valued over $200,000.
Continue readingNew York’s Foreclosure Abuse Law Halts Long-Standing Mortgage Claim in Brooklyn
New York's Foreclosure Abuse Prevention Act extinguishes a long-pending mortgage claim, reaffirming the tightened timelines for lenders.
Continue readingNavigating the House Market: Why Waiting for Lower Mortgage Rates May Not Be Wise
Many buyers are delaying home purchases, hoping for lower mortgage rates, but experts suggest rates may remain in the 6% range through 2027.
Continue readingAmtrak Seeks Eminent Domain on D.C. Land for New Rail Bridge
Amtrak is pursuing eminent domain to acquire a 580-square-foot parcel in D.C. for a rail bridge, naming several potential lienholders in its court filing.
Continue readingNew Jersey Homeowners Sue Over Inaccurate Credit Reporting of Paid Mortgage
A lawsuit in New Jersey claims Onity and Equifax misrepresented a paid mortgage as derogatory, misinforming lenders about the borrowers' financial status.
Continue readingNavigating the Dual Challenge of Selling and Buying a Home
Understand the benefits of selling your home before buying a new one, especially in today’s market with extended selling times.
Continue readingNavigating Home Insurance Costs: Essential Insights for Buyers in Today's Market
Homeowners insurance costs are rising but slowing down. Here's what buyers need to know to budget effectively and save on premiums.
Continue readingStarter Homes in High Demand: The Path to Upgrading Your Living Space
Starter homes are in high demand while move-up inventory increases, creating opportunities for first-time sellers to find their next perfect home.
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