Author name: Ricky Vasquez

Atlantic Avenue Mortgage tops June HECM broker rankings

Atlantic Avenue Mortgage widened its lead atop the Home Equity Conversion Mortgage (HECM) broker and third-party originator endorsement rankings in June, nearing the 1,000-endorsement threshold with a 12-month rolling total of 994. That’s according to a report released Thursday by HECMWorld. Atlantic Avenue’s total rose from 978 the prior month, according to the report, which […]

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Objector petitions for rehearing in NAR settlement appeals

Copycat commission lawsuit plaintiff Robert Friedman has filed a petition for a rehearing after his appeal of the final approval of the settlements in the Sitzer/Burnett and Gibson suits was turned down.  In rulings in mid-August and early September, three-judge panels for the Eight Circuit Court of Appeals reaffirmed the final approval of the National

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As feds retreat, California boosts fair-lending enforcement

Key insight: The California legislature has passed a bill empowering the state’s own regulators to enforce fair-lending laws. What’s at stake: The legislation, which has yet to be signed by Gov. Gavin Newsom, arrives as the Trump administration rolls back enforcement of rules against unintentional discrimination. Expert quote: “I think it’s necessary because it’s clear

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