Consumer litigation is up, and mortgage players aren’t ready. Processing Content Veteran industry attorneys say they don’t believe lenders and servicers are prepared for an upcoming surge of borrower lawsuits over a variety of grievances. While artificial intelligence tools are making it easier than ever for consumers initiate legal actions, litigation will also persist in […]
Attorneys: Lenders unprepared for lawsuit wave Read More »
Existing home sales were still positive year over year last week, with our weekly pending home sales data holding steady even with elevated mortgage rates. While people are frustrated that lower oil prices haven’t brought rates down, they should be deeply grateful that improved mortgage spreads have helped housing growth in 2026. If this had
Better mortgage spreads are still keeping home sales positive Read More »
The second and final day of the hearing regarding Zillow’s preliminary injunction motion in its ongoing antitrust lawsuit against Midwest Real Estate Data (MRED) and Compass International Holdings featured testimony from two key witnesses for the defense, Compass CEO Robert Reffkin and MRED CEO Rebecca Jensen. During their times on the witness stand on Thursday,
Robert Reffkin and MRED CEO claim Zillow threatened litigation over listing access Read More »