The education arm of the Illinois Association of Mortgage Professionals is changing its name to reflect a more national client base. The Illinois Association of Mortgage Professionals Educational Foundation will now be known as the Mortgage Education Foundation. The MEF will offer industry education nationwide, while continuing to host consumer information programs in Illinois. The IAMP remains the parent organization of the MEF. Courses are available in a classroom setting or online and meet state-mandated continuing education requirements for industry professionals in many states, including Alabama, Illinois, Indiana, Minnesota, South Carolina, Washington, and Wisconsin. Other states will be added in the near future, and a complete list will be available at www.mortgageeducationfoundation.com.
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Higher mortgage rates and affordability pressure prompts Fitch Rating's revision from 'neutral' to 'deteriorating'
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A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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