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Newrez servicing arm sued in New Jersey over alleged RESPA violations

A New Jersey homeowner has filed a lawsuit against Newrez LLC, dba Shellpoint Mortgage Servicing, alleging the company engaged in years of unfair mortgage servicing practices that deprived her of a meaningful opportunity to avoid foreclosure. The complaint, filed in the Superior Court of New Jersey, Law Division in Essex County, was brought by homeowner […]

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What the ROAD to Housing Act can — and can’t — do for affordability

The 21st Century ROAD to Housing Act is now law, marking what many in the housing industry consider the most significant federal housing legislation in more than three decades. The bipartisan measure aims to increase housing supply by reducing regulatory barriers, streamlining permitting, modernizing federal housing programs and expanding opportunities for homeownership. Supporters say it

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