Modern Lender Playbook for Mortgage Fee Transparency
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A panel of senior wealth management executives gathered at RIA Edge Austin this week to address what they described as an existential challenge facing the advisory industry: a looming talent shortage that threatens to undercut their ability, over the next 25 years, to capture the estimated $124 trillion that will pass on to younger clients…
Julia Child’s Historic Cambridge Home Near Harvard Square Lists for $6.5M
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Zillow files motion to dismiss third amended RESPA complaint
Zillow is again filing to dismiss a lawsuit accusing the company of a kickback scheme that steered borrowers to its mortgage lending business. Processing Content Plaintiffs submitted a 47-page amended complaint focused on alleged violations of the Real Estate Settlement and Procedures Act last month. Zillow said the filing doesn’t address any of the issues…
Experian, JPMorgan Push Account Checks Into Payment Workflow
Faster payments leave businesses with less time to discover whether the account at the other end belongs to the wrong person, contains bad information or may be connected to fraud. That pressure is moving verification closer to the point where money leaves the sender. A series of August launches is putting account and payee checks…
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Canadians looking to enter the housing market are considering buying with family and choosing first homes they can stay in longer, according to RBC’s latest Home Ownership Poll. The survey found 53% of Canadians planning to purchase their first or next home within two years would consider living in a multi-generational home. That compares with…
Fleet widens borrower and limited company criteria – Mortgage Strategy
Fleet Mortgages has made a series of criteria enhancements designed to support a wider range of landlord borrowers and limited company structures. The buy-to-let specialist lender will now consider joint applications involving foreign nationals where at least one applicant is a British passport holder, has Indefinite Leave to Remain (ILR) or settled status. It says that…
