Reversing its earlier ruling in favor of Zillow, a federal court is now suggesting that the real estate database firm's co-marketing program may be in violation of the Real Estate Settlement Procedures Act.
A new first: A court decision on claims brought against mortgage lenders under the ability-to-repay rule provides insights on the underwriting process.
The adoption of new technologies will pose challenges for originators to comply with fair lending rules and for regulators to detect hidden discrimination.
The mortgage industry is seeing a resurgence of marketing services agreements, amid a lax regulatory environment. But, experts say, companies are being more careful this time around.