The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. The CFPB found that Freedom provided real estate brokers and agents with various incentives, including cash payments, paid subscription services and catered...
Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed confidence among builders in the market for newly constructed single-family homes rising two points this month to...
The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been based on in-person meetings and tours between property owners or real estate agents and would-be renters or homebuyers. That model...
In the best of the times, homebuying is a fraught process – stressful, time-consuming and marked by friction across several steps of a months-long process. There’s searching for the house, finding an agent, scheduling the time to see the house, and for many would-be buyers, even...
June 26, 2020
The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been based on in-person meetings and tours between property owners or real estate agents and would-be renters or homebuyers. That model may be ripe for change in the age of social […]
May 11, 2020
In the best of the times, homebuying is a fraught process – stressful, time-consuming and marked by friction across several steps of a months-long process. There’s searching for the house, finding...
April 05, 2024
The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers. The percentage of homebuyers paying discount points doubled from 2021 to 2023, and the increase was even greater among those with lower credit scores, the agency said in a Friday […]
August 17, 2023
The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. The CFPB found that Freedom provided real...
March 15, 2023
Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed confidence among...
January 14, 2019
Millennials are being shut out of the real estate market as rising home prices and interest rates are pushing homeownership out of the reach of many first-time buyers. According to...
