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- Coldwell Banker taps Payload for automated earnest money deposits October 15, 2024Coldwell Banker Realty is partnering with Payload to make earnest money deposit payments much easier for real estate agents and homebuyers.
- California, New York have the nation’s most expensive ZIP codes October 15, 2024Real estate data provider PropertyShark ranked California, New York and Florida as the states with the most expensive ZIP codes in 2024.
- Fairway, accused of redlining in Alabama, agrees to settle for $1.9M October 15, 2024Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators' allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama, metro area.
- MISMO working group targets January for new reverse mortgage standards October 15, 2024A MISMO working group is targeting January 2025 for a new reverse mortgage standard, according to Mortgage Cadence.
- Title Success enters the M&A matchmaking business October 15, 2024The valuation firm has launched a new site that allows companies interested in M&A deals to list their firm or browse for potential targets.
- Tomo CEO Greg Schwartz talks market conditions, AI-driven loan production solutions October 15, 2024In the newest episode of the PowerHouse podcast, HousingWire CEO Clayton Collins sits down with Greg Schwartz, CEO of Tomo, to discuss market recovery indicators and Tomo’s recent investments in artificial intelligence (AI). Schwartz also shares his approach to building a mortgage company alongside tips on work-life balance, market dynamics and more.
- PrimeLending onboards a rival lender’s CEO October 15, 2024Brian McKinney, formerly the CEO of Benchmark Mortgage, has joined PrimeLending in a newly created executive position.
- FCC says new rules for robocall and text opt-outs will take effect in April 2025 October 15, 2024The new guidelines coincide with a push to end mortgage trigger leads and will impact any companies that use electronic communications to solicit business.
- Bank of America mortgage origination volume declines 7% in Q3 October 15, 2024In Q3 2024, Bank of America saw a decline in mortgage production, despite a drop in interest rates that benefited big-bank competitors.
- VA streamline refis ruled the mortgage market in September October 15, 2024Most of the MBA’s component indices declined last month, but the government index rose due to more offerings of VA streamline refinances.