- Deutsche Bank reverses pledge to help distressed homeownersThe funds the bank promised to spend on consumer relief will instead be used to make new home loans, according to a report by the monitor of its 2017 settlement with the U.S. Justice Department.... Read more »
- Watt abused role in pursuing relationship with FHFA staffer: WatchdogFormer FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.... Read more »
- Why PACE has become a 'second-look' product in CaliforniaThe state's tougher oversight has stripped Property Assessed Clean Energy of its go-to project financing status among contractors. That shift may result in adverse selection.... Read more »
- Redfin's product expansion led to revenue spikes in 2018With a growing market share of home sales and wider breadth of services, Redfin posted significant annual revenue gains.... Read more »
- HomeStreet acquiesces to activist investor, will sell mortgage unitHomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.... Read more »
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