A group of homebuyers has filed a class action lawsuit against D.R. Horton, the nation’s largest homebuilding company, and its mortgage lending subsidiary, DHI Mortgage Co., alleging that the companies engaged in deceptive home-selling and mortgage practices that left buyers with unexpectedly high monthly payments. The lawsuit — filed Oct. 1 in the U.S. District […]
Homebuyers sue D.R. Horton for alleged deceptive lending Read More »
Amid one of the most severe housing crises in U.S. history, Zillow and Housing Connector, a tech-powered nonprofit, are celebrating a milestone in combating homelessness. Together, the organizations have helped 10,000 people find stable homes. What began in 2019 as a local solution in Seattle has evolved into a national model for unlocking private-market housing
Zillow and Housing Connector help 10,000 people find homes Read More »
Colorado’s housing market shows a statewide median list price of $649,900 with 22,890 active listings, according to HW Data. Nearly half of active listings recorded a price reduction during the week. New supply totaled 1,441 listings while 1,869 homes moved under contract. Inventory gives shoppers more choice An active inventory near 23,000 listings expands options
Colorado housing market sees wider price cuts ahead of ski season Read More »
Tens of thousands of veterans are missing out on the benefits of U.S. Department of Veterans Affairs (VA) home loans each year, with billions of dollars in potential mortgage volume left untapped, according to a new analysis from Veterans United Home Loans. The report found that more than 58,000 VA loans went unused in 2024,
Veterans are missing out on billions in VA loan benefits Read More »
Foreclosure activity across the United States continues to climb modestly in the third quarter of 2025, according to new data from ATTOM. The report shows 101,513 properties with foreclosure filings between July and September, up less than 1% from the previous quarter and 17% higher than a year earlier. In September alone, 35,602 properties received
Foreclosure activity edges higher in Q3 2025 Read More »
A federal grand jury indicted Letitia James, the New York attorney general, for bank fraud on Thursday, a person familiar with the matter told The Associated Press. The source, who spoke on the condition of anonymity because they were not authorized to publicly discuss the matter, told the outlet that James was indicted in the
New York AG Letitia James indicted on mortgage fraud charge Read More »
The Jason Mitchell Group (JMG) is welcoming yet another partner to its business network. Roam has joined JMG’s partnership network, according to an announcement on Friday. Roam helps homebuyers find properties with assumable mortgages, which can speed up the closing process and allows buyers to find properties with lower mortgage rates that they would otherwise
Jason Mitchell Group, Roam team up Read More »
Fair Finance Watch, a self-described watchdog for the financial services industry, has filed early opposition to Fifth Third Bank‘s proposed acquisition of Comerica, urging the Federal Reserve to hold public hearings and scrutinize the Cincinnati-based lender’s mortgage lending record before approving the deal. In a letter sent Oct. 8 to Fed Chair Jerome Powell and
Fair Finance Watch opposes Fifth Third-Comerica merger Read More »
As mortgage lenders confront a “paradigm shift” driven by technology, cost pressures and temperamental market conditions, executives warned that those who fail to adapt risk being left behind. Speaking at HousingWire‘s 2025 Mortgage Banking Summit earlier this week, David Lykken, the president of Transformational Mortgage Solutions, and Adam Carmel, the CEO of Polly, offered a
Mortgage lenders face tech-driven paradigm shift Read More »
In August, the agents at Berkshire Hathaway HomeService Florida Properties Group found themselves under siege from fraudsters. “It began with the mother of one of our agents getting a call at two o’clock on a Sunday morning from a number that looked identical to her daughter, with her daughter’s photo,” Casey Bryan, the president of
Florida brokerage endures a nightmare and lesson in real estate cybersecurity Read More »