The crusade to begin using newer credit scoring models that consider factors such as a person’s bank account history, work history, or utility payments as part of the credit underwriting process may have just gotten a big push in the right direction. On Tuesday, the nation’s biggest banking regulators issued a joint statement that expressed
Real estate technology platform MoxiWorks announced the addition of Bret Calltharp to its business development team. Before joining MoxiWorks, Calltharp was Zillow Group’s Industry Outreach Director, and has 15 years of real estate experience. “My greatest joy over the years has been connecting with incredible broker and agent entrepreneurs and
Cybersecurity experts agree that the threats facing financial services providers aren’t just increasing; they’re doubling with each passing year. In fact, a new report from cybersecurity company Kaspersky states that the amount of data held by financial services companies makes them prime targets for “cyberthreat actors,” but the company cautions
Real estate brokerage Compass wants to talk things out with Realogy, the largest U.S. residential brokerage, to bring their six-month legal war to an end. SoftBank-backed Compass filed a motion on Nov. 25 asking a New York judge to stay the legal proceedings and force the two companies to seek
The Supreme Court announced that it will hear arguments on the constitutionality of the Consumer Financial Protection Bureau’s leadership structure in early March. In a scheduling order released on November 26, 2019, the Supreme Court announced that oral arguments in Seila Law LLC v. CFPB will happen on March 3.
The creators of W+R Studios’ Cloud CMA announced a new partnership with Buyside, offering mutual clients access to data analytic tools in real estate. With the platform, buyer activity is aggregated in real-time across major real estate search portals. (Image courtesy of W+R Studios. Click to enlarge.) “CMA methodology is
It’s been more than three years since Wells Fargo’s pristine reputation came crashing down after the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and the city and county of Los Angeles fined the megabank $150 million for opening millions of fake accounts in customers’ names. Since then, the
In September, home prices rose 0.9%, declining 7.6% year over year, First American said in its Real House Price Index. According to the company, unadjusted house prices sit 8.1% above the housing boom peak. Consumer buying power, which measures the influence of income and interest rate changes on house-hold spending, increased by 0.2% between August and
Low inflation has been a key component of the cheap mortgage rates that have supported the housing market this year. Now, the Federal Reserve is considering a policy change that could result in higher inflation and higher interest rates. As part of its yearlong review of monetary policy tools, the
While all eyes are on Amazon today for Cyber Monday, the news of its HQ2 may only be a distant memory. Believe it or not, it’s been over a year since the tech monolith announced its second headquarter would find a home in Arlington County, Virginia, at Crystal City, and
HousingWire sat down with Loren Cooke, president of Solidifi, to discuss the results of Solidifi’s Consumer Title Survey. HousingWire: Why did Solidifi choose to commission this survey on the closing process? Loren Cooke: There’s so much rhetoric and misnomers out there about what the consumer actually wants during the closing
The multifamily housing sector has remained busy throughout this economic cycle, to say the least. Since 2010, there have been approximately 2 million new apartments built across the nation’s 150 major apartment markets. While the average size of multifamily properties built this past decade was around 200 units, there are
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial