A bill introduced in the U.S. Senate would amend the Truth in Lending Act (TILA) to explicitly include home equity investments (HEIs) within the law’s definition of residential mortgage loans — a move that would subject the growing financial product to federal consumer lending protections. Introduced by Sen. Jeff Merkley (D-Ore.), the Home Equity Lending […]
Lawmaker moves to clarify home equity investment regulation Read More »
Stewart Title has acquired Lawyers Signature Settlements (LSS), a Frederick, Maryland-based title agency, expanding its presence in the Mid-Atlantic region. Founded nearly 15 years ago, LSS provides residential and commercial title services across Maryland, Virginia, West Virginia and Pennsylvania. “LSS has become one of the most trusted agents in the Frederick market and has earned
Stewart Title expands Mid-Atlantic footprint Read More »
United Wholesale Mortgage (UWM) president and CEO Mat Ishbia is pitching the lender’s $2.05 billion capital raise with Oaktree Capital Management and his family as a long-term strategic partnership to support the company’s growth. But the high cost of the structure and dilution are weighing on investors, alongside the fact that it follows several setbacks
After setbacks, UWM lands a massive check from Oaktree Read More »