Consumer groups warn CFPB rollback of mortgage rules could expose borrowers
A coalition of consumer and housing advocacy organizations is urging the Consumer Financial Protection Bureau (CFPB) to preserve key mortgage borrower protections, warning that proposed changes to federal lending rules could leave consumers vulnerable to predatory practices and unaffordable loans. T
UWM faces law firm fraud probe, analyst stock price cuts after Q2 loss, Oaktree deal
UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise. UWM reported that a hedge established around its attempted acquisition of Two Harbors Investment Corp.’s mortgage servicing rig
UWM sues Two Harbors over failed merger deal, seeks to recover more than $500M
United Wholesale Mortgage (UWM) filed a lawsuit on Monday that accuses Two Harbors Investment Corp. (TWO) of willfully breaching its merger agreement and committing fraud while pursuing a competing deal with CrossCountry Mortgage (CCM). UWM alleges TWO’s leadership deliberately undermined the stockh
TOUR Championship announces 2026 HOPE Tee Shot honorees
The TOUR Championship announced its 2026 HOPE Tee Shot honorees, with First Tee – Metro Atlanta members Ariel Collins and Jacob Smith selected to each hit the opening tee shots at the PGA TOUR’s finale event on Thursday, Aug. 27. Both honorees also receive a scholarship on behalf of the TOUR Champio
Electronics recycling drive scheduled for Aug. 15 to benefit local students
Generating Everlit Embed Sandy Springs Education Force is partnering with Marietta-based Novus Solutions to host an electronics recycling drive on Aug. 15 from 10 a.m. to 1 p.m. in North Springs High School’s parking lot. The nonprofit says its annual fundraiser requires a minimum of $25 per vehicl
The Latest Transitions, Mergers and Executive Hirings in Real Estate
Editor’s Note: Industry moves is RISMedia’s look at new brokerages and key executive changes within the real estate industry. Crye-Leike names Miller to post for Middle Tennessee and North Alabama Crye-Leike Real Estate Services has named Katie Miller vice president and relocation director for Middl
Where There’s a Will There’s a Way: Resolving Probate Problems
Helping people buy and sell homes is usually a joyous endeavor, guiding them through the often difficult and winding process that leads to shaking hands and house keys being handed over. But there are some situations where getting to the closing is much more difficult and emotional. Death can do tha
KBW labels Ellington, Longbridge as outperformers after robust Q2 earnings report
Following a strong second-quarter earnings report, analysts at Keefe, Bruyette & Woods (KBW) released a positive forecast for Ellington Financial and its reverse mortgage subsidiary, Longbridge Financial. In a note to investors published over the weekend, KBW said that it was “moderately raising” it
Court Report: NAR Seeks to Examine Fraud Allegations Against ARA Co-Founder
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. NAR and Mauricio Umansky spar over decade-old fraud allegation In a long-running lawsuit filed by listing startup PLS.com against the National A
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