A lender has defeated a spam-call complaint only a few months after the plaintiff mounted an attempt to certify a class of over 50,000 affected consumers. Processing Content A California federal judge entered final judgment in favor of LoanStream this week, ending a two-year-long Telephone Consumer Protection Act complaint. The wholesale and non-qualified mortgage lender, […]
Judge grants victory to LoanStream in TCPA lawsuit Read More »
Mortgage delinquencies eased in the second quarter, but compared to a year ago, the numbers showed many of today’s homeowners are still struggling beneath the weight of financial strain, the leading industry trade group said. Processing Content The delinquency rate for single-family residential units jumped 44 basis points from a year ago to a seasonally
Late-stage delinquency trend suggests higher consumer stress Read More »
Mortgage rates hit their highest level in nearly a year during the last week of July, pushing the cost of housing up and buyers out of the market, a new industry report found. Processing Content There were an estimated 51.3% more home sellers than buyers in the housing market last month, just short of December’s
Number of buyers drops to new low, but market shows sign of life Read More »