Home equity investment provider Unison is the target of a potential class action lawsuit in Colorado that could void its existing contract agreements in the state. Processing Content In legal documents filed in Colorado federal district court this week, plaintiffs Katharine and Charles Kane sued the San Francisco-based HEI firm after discovering the amount they […]
HEI customers file new class action against Unison Read More »
Inflation related to the Iran conflict caused the panel of economists surveyed by Wolters Kluwer to moderate their views on growth and short-term rate cuts. Processing Content The April survey for the Blue Chip Economic Indicators took place before the ceasefire announcement, let alone Friday morning’s release of Consumer Price Index data. The Bureau of
War, oil and inflation: What it means for rates Read More »
The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as climate change-driven disasters threaten its economy. Processing Content That surcharge accounts for 19% of the average Pacific Gas
California utility bills are 20% higher due to wildfires Read More »
Key insight: Inflation accelerated in March, driven primarily by a surge in energy prices since the onset of the U.S. war in Iran. Supporting data: The Consumer Price Index, a monthly indicator of consumer inflation, rose 0.9% in March and 3.3% year-on-year. Gasoline prices were up 21.2% in March, accounting for three-quarters of the overall
Energy prices drive up inflation to 0.9%in March Read More »
Lenders are rethinking how they originate jumbo mortgages, leaning on automated underwriting technology to manage complicated details while navigating stricter investor overlays and a market that rewards those who can make the economics work. Processing Content The strategies vary, but the underlying issue is always the same: jumbo loans demand more from everyone in the
Jumbo lending playbook: automation, overlays and ROI Read More »
Virginia Gov. Abigail Spanberger has until Monday to sign or veto legislation that would make her state one of the few that allow faith-based organizations to build affordable housing on their properties by overriding local zoning limits. Spanberger faces pressure from local governments and a small but vocal group of civic organizations to veto the
Virginia YIGBY bill puts Spanberger housing agenda on the line Read More »
A new appraisal management platform is aiming to upend the traditional role of appraisal management companies (AMCs) by allowing mortgage lenders to oversee the process internally while maintaining regulatory compliance. The platform, known as PAM, or Private Asset & Management Group LLC, is designed as a web-based system that enables lenders to manage appraisal workflows
PAM appraisal platform targets AMC fees, seeks to give lenders more control Read More »
After being acquired by mortgage lender Lower in May 2025, executives at real estate listing portal Movoto said they hoped to use Lower’s network to connect more consumers with top local real estate agents and mortgage professionals. This vision — which was first explained to HousingWire by John Berkowitz, former Movoto CEO and current president
Lower’s John Berkowitz on building lead generation certainty with Movoto Advantage Read More »
Surge, a partner intelligence platform for wholesale mortgage lenders, has been acquired by New Cheval Holdings as the wholesale channel faces tighter scrutiny on broker oversight and market share pressure from retail and direct-to-consumer lenders. The transaction brings dedicated ownership and institutional backing to a platform used by wholesale lenders that are regularly ranked among
New Cheval Holdings acquires Surge, appoints Jimmy Gillespie as CEO Read More »
loanDepot announced Thursday that it has formed a strategic partnership with Figure Technology Solutions to power a new “express-path” home loan product through loanDepot’s mello platform. Under the agreement, loanDepot will integrate Figure’s proprietary credit and loan underwriting engine into its mello technology stack and point-of-sale system. The integration is designed to allow loanDepot to
loanDepot, Figure team up on streamlined home loan and equity products Read More »