Did China Kill the Mortgage Industry with AI?
February 6, 2025
In my latest interview with industry expert Eric Bowlby, we dive into the game-changing impact of AI on the mortgage and real estate industries.
Tag: CFPB
Phoenix Rebellion: Major Market Breaks From NAR’s Ranks
December 30, 2024
NAR is moving to revoke Phoenix REALTORS’ (PAR) charter after PAR refused to end its MLS Choice program.
Regulatory Heat: Why Clean Loans Matter More Than Ever
December 10, 2024
When a loan goes into foreclosure, it’s not just examined for minor material defects that might trigger a buyback – regulators are actively looking for fraud.
The CFPB Debate: Regulation, Reform, and Real Estate
December 6, 2024
As Elon Musk steps into a quasi-presidential role of influence through his Department of Government Efficiency initiative, one of his targets has become the Consumer Financial Protection Bureau (CFPB).
CFPB Audits and NAR Settlements
November 27, 2024
Mortgage Brokers should get their ducks in a row ahead of inspection.
Modern-Day Redlining? CFPB vs. Townstone
November 6, 2024
In a controversial CFPB settlement, Chicago-based Townstone Financial faced modern-day redlining charges over radio show hosts’ childhood grocery store memories, while industry-standard loan pricing adjustments that systematically affect borrower costs based on credit scores and loan-to-value ratios remain unchallenged.
Breaking Down the 10-Year Treasury Drop
July 15, 2024
Starting the week off with some good news!
The Looming Credit Card Debt Crisis
March 7, 2024
As consumer debt continues to climb, lenders may start tightening their lending criteria
CFPB claims Citibank held secret policy against Armenian Americans
November 17, 2023
The government has gone nuts.
Caution – HMDA pothole
October 23, 2023
The Consumer Financial Protection Bureau issues a heavy fine over potential false reporting of HMDA data.
