Joe Biden and Kamala Harris Pledge $100M in Housing Funding to Boost Construction, Affordability

David Paul Morris/Bloomberg via Getty ImagesThe White House has announced a number of new measures intended to spur the construction of more housing units and ease the affordability crisis for renters and homebuyers.The actions announced on Tuesday include $100 million in new community grants to ide

Waterfall: Reverse MSR deal with Onity showcases commitment to reverse mortgages

Onity Group, parent company of top five reverse mortgage lender and servicer Liberty Reverse Mortgage, will acquire reverse mortgage assets from Mortgage Assets Management, LLC (MAM), a subsidiary of investment funds managed by Waterfall Asset Management.The deal, initially announced by Onity during

ALTA responds to CFPB’s inquiry on mortgage fees

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue.In a 15-page letter sent to CFPB Director Rohit Chopra on Aug. 2, the tra

To sue or not to sue: How buyer’s agents should prepare for commission disputes with clients

As more brokerages and agents contemplate moving away from a cooperative compensation model, many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all?According to Anthony Lamac