FHLBanks to Treasury: Pumping more money into affordable housing will not address crisis

Presidents and board chairs of the 11 Federal Home Loan Banks (FHLBanks), under pressure to pump more money into affordable housing, sent letters to the U.S. Department of Treasury on Thursday saying that simply raising their contribution threshold will not address the complexities of the current ho

From Naomi Osaka to Coco Gauff, Which U.S. Open Star Wins the Grand Slam in Real Estate?

Realtor.com/US OpenThe U.S. Open kicked off this week—with many of the world’s premier players flocking to the USTA Billie Jean King National Tennis Center in New York City to battle it out on the courts.Some have traveled from thousands of miles away to make their mark on the tennis world stage, wi

CFPB orders NewDay USA to pay $2.25M for providing misleading costs on 3,000 V.A. cash-out refis

Florida-based V.A.-focused mortgage lender NewDay USA has reached an agreement with the Consumer Financial Protection Bureau (CFPB) over allegations that it provided misleading and incomplete cost comparisons to borrowers seeking cash-out refinance loans, the parties announced on Thursday. The deal,

AI Demo Day: Optimal Blue’s CompassEdge

CompassEdgeOptimal Blue’s CompassEdge hedging and loan trading platform helps lenders maximize profitability with unmatched pipeline risk management tools, and dynamic loan sale and MSR valuation functionality. Attendees will experience new AI-powered assistants in CompassEdge that help lenders redu