Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims
The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence.
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Tech Pulse: AI for real estate teams; Tech Trendsetter shares insights
Small real estate team leaders speak on best artificial intelligence practices, and a Tech Trendsetter delves into lending agent automation.
Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’
Lutnick appeared on CNBC to offer comments about the plans and said the offering “could potentially be the largest IPO in history.”
Foreclosure filings rise 18% year over year in August
Lenders started foreclosure proceedings on 24,254 properties in August, a slight decrease from July but up 17% from last year.
Non-QM lender Griffin Funding unveils AI-driven underwriting platform
The tool pulls hundreds of pages of program guidelines into a single system and uses AI to deliver answers to loan qualification questions.
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.
Longbridge’s ‘HELOC for Seniors’ is officially on the market
Longbridge Financial has officially launched a home equity line of credit (HELOC) that’s designed for homeowners aged 62 and older, offering approval and funding in as little as five business days.
Trump signs law banning trigger leads
President Donald Trump on Friday signed the Homebuyers Privacy Protection Act (H.R. 2808), establishing a nationwide ban on the abusive use of trigger leads beginning in March 2026.
Tech Pulse: Trendsetters nominations open, AI sales agent eases mortgage process
Nominations are open for HousingWire’s 2025 Tech Trendsetters Award, and we’re catching up with inaugural winners from 2019.
Housing market risk steepest in southern, western areas
Of the 50 riskiest counties, 14 were in California and seven were in Florida. New Jersey had five and Louisiana had four.