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Regulatory Compliance

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EasyKnock, facing fire on multiple fronts, abruptly shuts down

December 9, 2024 by bp56691
Founded in 2016, New York-based residential sale-leaseback platform EasyKnock goes out of business.
Categories Capital Funding, EasyKnock, Home Equity, LendingLife, Mortgage, Regulatory Compliance, Venture Capital

AI used for housing decisions draws bipartisan support, oversight

December 5, 2024 by bp56691
Even in a divided Congress, there is bipartisan support for learning more about how gen AI is being used in housing decisions.
Categories Artificial Intelligence, Congress, Housing Market, Regulatory Compliance, Technology

Mortgage servicing execs expect ‘profound’ changes under Trump 

November 21, 2024 by bp56691
These key changes come could in the form of interest rates, conforming loan limits and reform of the government-sponsored enterprises.
Categories Freedom Mortgage, LendingLife, Mortgage, Mortgage Servicing, Mortgage servicing rights, New York City, Regulatory Compliance, Servicing, Two Harbors Investment Corp.

Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego
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