HousingWire

• Judge zeroes in on trial timeline in TCB-Ginnie Mae lawsuit September 12, 2024
  A magistrate judge has issued a new order in this closely watched case, signaling that a trial will not commence before September 2025.
• The agents fueling Charlotte’s real estate boom September 12, 2024
  To break into Charlotte's top 25 agents, you need to clock in over $23.3 million in annual sales.
• UWM will use AI to tap into refi pools  September 12, 2024
  United Wholesale Mortgage launched KEEP, which uses artificial intelligence to send pre-validated refinance opportunities to consumers.
• Baby boomers are most active in these housing markets September 12, 2024
  SmartAsset analyzed HDMA data to find the housing markets in which baby boomers are the most active participants.
• The fall housing market could see hotter competition, Zillow says September 12, 2024
  Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season.
• Compass adds Dallas-area small team in latest Texas expansion September 12, 2024
  Compass is adding a new team to its Dallas roster, announcing that the B-W Group will join and operate out of its Park Cities office.
• The average homeowner just gained another $25K in equity September 12, 2024
  Home equity gains in Q2 2024 were led by Maine, California and New Jersey, while Texas, Oklahoma and North Dakota posted modest losses.
• CFPB slaps TD Bank with $28M fine for consumer protection violations September 12, 2024
  The Consumer Financial Protection Bureau (CFPB) has ordered TD Bank to pay $28 million for illegal actions that could tarnish consumer credit reports and for not taking timely action to correct its errors.
• Logan Mohtashami talks recession concerns, home affordability with the ’Real Estate Insiders’ September 12, 2024
  In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession, mortgage rates and housing affordability issues that persist across the country.
• Opinion: Unlocking the potential of the Pass-Through Assistance Program September 12, 2024
  The Financial Stability Oversight Council (FSOC) has recommended that Congress consider expanding PTAP into a robust "liquidity backstop" for mortgage servicers during periods of market stress. This move could stabilize servicers, provide necessary liquidity support, mitigate risks, preserve servicing rights, bolster small lenders, and enhance warehouse lender confidence.