The "litmus paper test" of whether something is a violation of the Real Estate Settlement Procedures Act is whether one is not certain of its legality, according to Lawrence Jacobson, an attorney from Beverly Hills, Calif.In that case, he told the Turn On Your Million-Dollar Brain VI conference in Ft. Lauderdale, Fla., one should work under the assumption that it is a violation. He added that the people who are most hurt by RESPA violators are the ones who comply with the law. As business slows down, the number of violations will increase, he said. Mr. Jacobson also reminded the audience that while something might pass muster under RESPA, it could be a violation of a state or local law.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
June 30 -
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
June 30 -
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
June 30 -
While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
June 30









