Digital Mortgage Direct Page

An increase in loan-limit size and the rapid growth of home equity fueled interest in reverse mortgages in January.

An oversight official at the Consumer Financial Protection Bureau has laid out some specific responsibilities mortgage companies have when they work with borrowers receiving this type of housing relief.

An investor alleged the independent mortgage bank failed to disclose the revenue hit from a refinance dip at the time of its initial public offering.

Chi Chi Wu is a senior attorney at the National Consumer Law Center with a focus on credit reporting and scoring.

The mortgage payments fintech completed a $31 million Series C capital raise with Bain Capital Ventures and SignalFire as the lead investors.

If lenders get to choose the credit-scoring model, the Big Three credit bureaus will likely set a price for VantageScore that is super low, so low that FICO cannot compete, just as Uber decimated the taxicab industry by setting prices artificially low until the taxicabs were gone, writes an attorney at the National Consumer Law Center.

All indicators show that the renting market is heating up, as would-be buyers of houses increasingly turn to rentals because they can’t find — and can’t afford — their dream houses.

Tom Brehmer is a co-founder and CEO of Trisk.io Inc., a no-code automation platform spun out of VPTax Inc., a Silicon Valley corporate tax firm he founded in 1991, where he specialized in multistate and multinational technology companies. Prior to VPTax, he was a tax partner at KPMG. A graduate of the University of Iowa, he has been an evangelist of automation as a means of achieving superior client service and improved work-life balance. In addition to being published in technical tax publications, he was featured in Upside magazine for his innovative business model.

About 30% of U.S. office buildings are at high risk of becoming obsolete as tenants’ tastes change in the hybrid-work era.