Digital Mortgage Direct Page

The bottom five cities in the ranking have an average total score of 30.48.

The lucrative broker commission system at the heart of the residential housing market is facing unprecedented antitrust scrutiny from the Justice Department and two private class-action lawsuits that risk weakening the National Association of Realtors, the industry's powerful lobbying group.

Not only could warehouse lines of credit be impacted by the U.S. version of international Basel rules, and financing secured by mortgage servicing rights may be, too.

Paul Hindman, industry veteran and recruiter, recommends for top executives to be "be humble, quick and over-communicate."

It's been a rocky few years for senior housing as the sector recovers from its COVID occupancy drop and its profitability takes a hit. But bankers see long-term opportunities amid an aging U.S. population and say their portfolios are healthy.

Expected income earned through rental of the units will be considered in underwriting for FHA-backed mortgages and rehabilitation loans.

The bank argues federal law preempts a New York state statute requiring at least 2% interest payments on borrowers' accounts.

Seth Fineberg is a consultant to the public accounting profession and the founder of Accountants Forward. A highly seasoned editor and business journalist, he was previously editor of AccountingWeb and technology editor of Accounting Today.

While the latest change applies specifically to COVID forbearances, the agency is looking at more options for alternatives that can be offered on a regular basis, Director Sandra Thompson said.