Educational BREAKING — Mortgage Professional America reports that the Mortgage Bankers Association has filed suit to block a new disparate-impact rule in New Jersey, with industry groups arguing the regulation leaves lenders with only one available path forward — a path that federal law explicitly prohibits. The dispute centers on fair-
Educational BREAKING — National Mortgage News reported Wednesday that eXp World Holdings, the parent company of eXp Realty, and Kind Lending have ended their mortgage joint venture, Success Lending. Joint ventures between large real estate brokerages and mortgage lenders have become a common structure in the industry, and their dissolution leaves
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.
Educational BREAKING — Rolling Stone Music reports that Beyoncé is marking the 20th anniversary of her album B'Day with a 31-song digital edition that includes previously unreleased material, among them a collaboration with Pharrell. The expanded release also features music with Selena, Maluma, and Celia Cruz, a lineup
The rapper-singer is ushering a new era ahead of her Press Play EP, which arrives on Oct. 23
Little is known about the upcoming drop, which the rapper has been teasing for weeks
Educational BREAKING — Rolling Stone Music reports that Miley Cyrus has released "Bass Persuades," the lead single from her forthcoming tenth studio album, which shares the same title. The track carries the refrain that "the kids don't wanna dance," suggesting a shift in tone from
Educational BREAKING — National Mortgage News reports that mega investors, the smallest segment of non-owner occupied single family homebuyers, accounted for one-quarter of the unit drop in second quarter sales. This retreat by the largest institutional players marks a measurable shift in who is buying rental property and in
Educational BREAKING — Mortgage Professional America reports that climbing mortgage rates are becoming a more pressing concern for Rochester homebuyers than the new trade dispute, with the latter barely registering in client conversations. The prospect of higher borrowing costs appears to be doing what trade policy has not: pushing some buyers
Developments at Freddie Mac, Fannie Mae and factory-built housing innovator Boxabl point to some expanded ways to make mortgages or HELOCs.
Educational BREAKING — National Mortgage News reports that Rocket Pro has seen more brokers move from United Wholesale Mortgage to its wholesale channel in the last 90 days than the previous 12 months combined, according to Chief Revenue Officer Austin Niemiec. The $10,000 bounty Rocket is offering to brokers who
Educational BREAKING — New Scientist reports that the James Webb Space Telescope has spotted more ancient black holes than existing theory predicted, a mismatch that has left cosmologists searching for revised models of early universe formation. The finding centers on so-called "not-quite-primordial" black holes, a proposed