Housing markets are adapting to higher rates rather than freezing

For the past several years, mortgage rates have largely dictated the direction of the housing market. When mortgage rates rose sharply, demand slowed. When rates eased, buyers returned. Inventory, pricing power and transaction activity often moved in predictable patterns tied closely to affordability pressure. But the latest HousingWire data suggests something more nuanced may now […]

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Nationwide Insurance sues lender over trademark infringement

Nationwide Mutual Insurance Co. is suing mortgage lender Nationwide Mortgage Bankers (NMB) for allegedly profiting on the “goodwill and sterling reputation” associated with its name and trademarks. The lawsuit, filed May 20 in an Ohio federal court, brings accusations of federal trademark infringement, unfair competition, dilution, cybersquatting and violations of Ohio state law. Nationwide Insurance claims the actions

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OnCourse Learning rolls out AI tools for mortgage education

OnCourse Learning has launched a suite of AI-powered tools, including a learning assistant called Rubi and a new AI for MLOs Certificate program. Announced this week, the tools aim to help mortgage professionals choose courses, prepare for the SAFE Act exam and build long-term career skills. The St. Louis-based education provider said Rubi, its AI-powered

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