The latest attempt to renovate the Community Reinvestment Act could pose serious challenges for larger banks that have used online lending to find business over a wide area.
A law passed by state legislators this year means local land-use boards will be operating under a range of small, but potentially meaningful changes starting this fall.
There are a bunch of ways to get out of your contract if you get cold feet. But failing to show up at the scheduled closing is not one of them. It’s wrong, and you could open yourself up to lawsuits.read more
The mortgage market is in for another big shift in a few months. That’s when a sizable increase – roughly 12 percent or 13 percent – in the conforming loan limit appears likely to be announced.read more
The share of borrowers applying for an adjustable-rate mortgage is the highest it’s been in 15 years, a new analysis by Zillow has found, but unlike the lead-up to the subprime mortgage crisis, these borrowers remain well-qualified.read more
The Federal Reserve’s new real-time payments system known as FedNow is expected to go live as early as May 2023, a Fed official said recently.read more
A majority of women commercial real estate industry who left their job since the pandemic began did so to find career growth their old firm couldn’t provide.read more