New Mexico Gov. Bill Richardson has signed into law the New Mexico Home Loan Protection Act, after both houses of the state legislature passed the anti-predatory-lending measure.ACORN, a nationwide group lobbying for strict regulation of the subprime mortgage industry, lauded the New Mexico bill as “one of the toughest anti-predatory-lending laws in the country.”
Realtor.com's latest forecast projects prices will grow 1.2% in 2026, lower than its original estimate of 2.2% and well below the current pace of inflation.
A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
