Several consumer protection statutes provide borrowers a private right of action, including the Truth in Lending Act.

Recent communications from the White House seem to affirm that the CDFI Fund won’t face drastic cuts following a recent executive order.

FHFA's move alleviates industry concerns of duplicative oversight of lender compliance with unfair or deceptive acts or practices requirements.

The lender is seeing strong demand from borrowers and the secondary market for non-agency business purpose loans.

Tomo said it can save the typical homebuyer $4,000 at closing through the use of its AI underwriting software.

Fix-and-flip operators saw increased competition in some areas in the fourth quarter, but are optimistic for growth in 2025.

The lawsuit involves paperwork errors for the titles of 10 Georgia properties where Groundfloor provided business purpose loans.

Santander Bank joins non-QM MBS issuer ranks; Annaly starts securitizing HELOCs; AFR improves pricing on non-owner-occupied loans; A&D Mortgage launches AUS platform for non-QM loans.

In the fourth quarter of 2024, correspondent aggregators regained FHA/VA market share previously lost to wholesale-brokers.

FHA walked back appraisal policies introduced during the Biden administration that had aimed to counter the effects of discrimination in property valuations.