HomeTeam, Seattle, says it plans to start beta testing of a first-time homebuyer online portal in November.In an interview conducted at the Mortgage Bankers Association annual convention in Chicago, Lisa Oelsner, HomeTeam's vice president of platform strategy, told MortgageWire that the important thing is that the portal will provide "trusted, unbiased content" to the consumer. It will have a link to HomeTeam University, its service to educate consumers about how to select the partners they do business with. But besides the portal, she said, HomeTeam will also do live seminars. HomeTeam is most famous for its syndicated television show, which provides a home to deserving people. The show is starting its second 26-week season. Eric Gorrell, president and chief executive of HomeTeam, explained that consumers need information about the beginning of the homebuying process.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
1h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
2h ago -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25