Author name: Ricky Vasquez

Zillow sued for steering buyers to its mortgage unit

Zillow is facing another antitrust lawsuit, this time from a real estate agent who described the company’s efforts to steer homebuyers to its allegedly less competitive mortgage business.  Processing Content Stephanie Dupuis, an agent with a team based across the Puget Sound from the Seattle real estate listing giant, filed her class action last week […]

Zillow sued for steering buyers to its mortgage unit Read More »

Tapping a 401(k) for homeownership is risky business, experts say

President Donald Trump has floated proposals to make it easier for Americans to pull from their 401(k) retirement accounts to buy a home — framing the idea as a way to boost homeownership and financial stability. But financial experts say the strategy could undermine long-term financial security, particularly as housing costs rise and retirement savings

Tapping a 401(k) for homeownership is risky business, experts say Read More »

AmeriTrust hires Shea Pallante as it preps for correspondent lending launch

AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume. A mortgage industry veteran, Pallante joins AmeriTrust from non-QM wholesale lender Brokers First Funding. He previously served as president of now-defunct non-QM

AmeriTrust hires Shea Pallante as it preps for correspondent lending launch Read More »