Author name: Ricky Vasquez

Pulte: ‘cartel-like’ bureaus should cut costs, eyes bi-merge

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Federal Housing Finance Agency Director Bill Pulte is renewing calls for lower credit reporting costs, calling the bureaus “cartel-like” as he shows new interest in tri-merge alternatives. Processing Content “Equifax, Experian, and TransUnion have been overcharging Americans for far too long. This will end soon. We are seriously considering bi-merge, and stronger solutions,” Pulte said […]

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David Schroeder, Newrez Head of National Sales

Newrez to expand joint venture network with eXp Realty

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Newrez is expanding its joint venture operations, with plans to bring on one of the top real estate brokerages in the United States following the end of its partnership with another lender. Processing Content eXp World Holdings, the parent company of eXp Realty, and Kind Lending ended their mortgage joint venture, Success Lending, HousingWire first

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Labor market rebounds, but all eyes are on inflation for Fed

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Key insight: A surprisingly strong jobs report bolsters the argument for the Federal Reserve to raise rates later this month, but much will depend on next week’s consumer price index inflation report.  Expert quote: “With economic activity and the labor market in good shape, they are not a large factor in my determination of the

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