LoanPros.com, Huntington Beach, Calif., is offering a $1 million prize to the first person who can bring in a certified extraterrestrial being to apply for a home loan.The company said the idea was inspired by an ABC News documentary, "The UFO Phenomenon -- Seeing Is Believing," broadcast on Feb. 25. "We believe the existence of extraterrestrials is real and we want to do whatever we can to promote government disclosure -- but it's also a good promotional idea," said Wayne R. Goldman, president of LoanPros.com. "The prize is real and we will stand behind it." Among the criteria that would have to be satisfied is that the extraterrestrial must be able to sign its name on the loan documents, Mr. Goldman said. The company can be found online at http://www.loanpros.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




