Brian Levy, senior vice president and general counsel of Milwaukee-based Shelter Mortgage, has been elected chairman of the Real Estate Services Providers Council, a Washington, D.C.-based trade association.Other newly elected RESPRO officers are: vice chair, Arthur Sterbcow, president of Latter & Blum Inc. Realtors, New Orleans; president, Susan E. Johnson, RESPRO; secretary, Stephen D. Morrison, Wells Fargo Mortgage Corp., Des Moines, Iowa; and treasurer, George Eastment III, Long and Foster Real Estate Inc., Fairfax, Va. The organization can be found on the Web at http://www.respro.org.
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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 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25