Digital Mortgage Direct Page

The Consumer Financial Protection Bureau issued guidance on the use of artificial intelligence in credit underwriting, saying that creditors are relying too heavily on a CFPB checklist and sample forms when they should provide specificity to explain why a consumer is denied credit.

Camilo Atala is the chairman of Grupo Ficohsa.

The real estate investment trust arm of two affiliate mortgage-related companies could reduce other debt and finance purchases of loans, servicing or securities.

The large companies are facing macroeconomic pressures because of high mortgage rates, Fitch said, but the American Land Title Association noted the industry's strong financial position.

The company allows borrowers to access a multitude of home services, promoting recapture and retention for both real estate firms and mortgage servicing rights inventors.

Anthony Venette, CPA/ABV is a manager of valuation services at Withum. He specializes in providing precise, defensible valuation analyses for trust and estate filings, shareholder transactions, and corporate planning. He also advises clients on business transition strategies, succession planning and tax-efficient wealth transfers to achieve their long-term objectives.

The drop was largely driven by a sharp decline in multifamily construction.

Major real estate players are headed to trial next month over challenges to current commission practices, in which the seller covers fees for both themselves and the buyer.

On average since 1970, new home sales volumes decline 7% month-over-month in September and 13% quarter-over-quarter in the final months of the year, according to analysts.