HousingWire

• Oakland homeowner alleges appraiser bias July 28, 2021
  An Oakland woman claims an appraiser and two mortgage lenders violated federal anti-discrimination laws after an appraiser allegedly undervalued her home by $400,000 due to her race The post Oakland homeowner alleges appraiser bias appeared first on HousingWire.
• Powell: “Ground to cover” before tapering asset purchases July 28, 2021
  Federal Reserve Chairman Jerome Powell said the economy has made progress toward employment and price stability goals, but it won't be tapering asset purchases yet The post Powell: “Ground to cover” before tapering asset purchases appeared first on HousingWire.
• Opening doors to homeownership in underserved communities July 28, 2021
  By collaborating with nonprofits, Citi is helping members of underserved communities achieve their dreams of homeownership. The post Opening doors to homeownership in underserved communities appeared first on HousingWire.
• Keller Williams launches KW New Homes Community July 28, 2021
  Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. The post Keller Williams launches KW New Homes Community appeared first on HousingWire.
• FHA Introduces Simplified COVID-19 Recovery “Waterfall” July 28, 2021
  As was alluded to in June, the FHA late last week published a fully revised version of their “waterfall” loss mitigation options for borrowers coming to the end of their forbearance period. In order to streamline the process, the administration is scrapping their old waterfall framework and is instead providing two options for servicers processing […]
• Blend launches housing equity program July 28, 2021
  Blend has launched Blend Impact, a program focused on increasing equity in housing and financial services with Blend's nonprofit partners. The post Blend launches housing equity program appeared first on HousingWire.
• Why is Ginnie Mae attacking nonbanks? July 28, 2021
  David Stevens writes: A 250% risk weighting applied to Ginnie Mae MSRs would instantly devalue the entire existing global balance sheet. The post Why is Ginnie Mae attacking nonbanks? appeared first on HousingWire.
• Redfin-owned firm RentPath names new CEO July 28, 2021
  RentPath, a Redfin company, has appointed former ParkMobile CEO Jon Ziglar as chief executive officer, effective August 16. The post Redfin-owned firm RentPath names new CEO appeared first on HousingWire.
• The homebuyer journey is changing – So should you July 28, 2021
  While the role and future of the real estate transaction process for a homebuyer are lively debated, we need to have more dialogue on how brokerages can capture the most important stakeholder of all: The homebuyer. Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured […]
• Strong refi business, low rates aren’t growing reverse mortgage audience July 28, 2021
  Despite endorsements largely staying above 4,000 loans per month, the reverse mortgage industry is struggling to overcome market penetration issues The post Strong refi business, low rates aren’t growing reverse mortgage audience appeared first on HousingWire.