CFPB seeks input on mortgage disclosures and TRID rules

Metro Bank has launched a joint borrower sole proprietor (JBSP) mortgage, allowing first-time buyers to borrow up to 100% loan to value (LTV) with the support of an immediate family member. The mortgage allows applicants to borrow over 95% LTV, up to 100% LTV of the property’s purchase price. Both the borrower and joint…

Buying a home doesn’t make sense for everyone, but in several highly sought-after markets, it might be harder to rent. Regions like the Sun Belt have experienced a construction boom, and, in turn, a drop in prices due to more inventory — but for coastal cities, that hasn’t quite been the case. “The US built…

When you drive through neighborhoods in the U.S., you might not expect that a number of those homes are empty. In fact, according to a new study from LendingTree, 14.5 million U.S. homes — roughly 1 in 10 nationwide — are unoccupied. But, LendingTree said, that doesn’t always mean availability. It said that some empty…

The consumer version of agentic commerce imagines an agent that knows what a person wants to buy. The B2B version has a bigger prize and a harder job. It has to know which invoice can be paid, through which portal, on what terms, at what cost and whether the supplier on the other end will…

By Sammy Hudes With 6,770 homes in the region changing hands in June, activity was up 9.4% year-over-year, while sales also rose 1.4% from May on a seasonally adjusted basis. The Toronto Regional Real Estate Board says the average selling price decreased 3.9% year-over-year to $1,058,658, and the composite benchmark price, meant to represent the…

Charles Schwab’s proprietary retail investor sentiment gauge hit its highest level in four years in June, as clients continued to buy market dips despite major indices closing the month with minor losses. The firm revealed on Monday that the Schwab Trading Activity Index (STAX) rose to 59.12 in June, up 7.33% from 55.08 in May,…