HousingWireHousingWire Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions, which will include reverse mortgages and other home equity-based lending instruments. “The new division focuses on the needs of retired and…
Continue reading →HousingWireHousingWire A former regional operations manager at CrossCountry Mortgage (CCM) is suing the company over allegations of age discrimination and wrongful termination for her refusal to participate in illegal activities. Penny Smith, 61, filed the lawsuit in early September in a district court in Pennsylvania. She alleges violations of the…
Continue reading →HousingWireHousingWire On Monday, a coalition of eight senators — seven Democrats and one Independent — submitted a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson, urging her to phase in a series of modernized energy-efficiency standards for mortgages backed by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie…
Continue reading →HousingWireHousingWire CoStar Group has taken the win in the latest round of the battle between the Homes.com parent company and Move, the parent company of Realtor.com. In a tentative ruling released Monday, Judge George H. Wu of the U.S. District Court for the Central District of California denied Move’s motion…
Continue reading →HousingWireHousingWire Mortgage technology platform provider Dark Matter Technologies announced on Monday that it has added a second loan origination system (LOS) — NOVA — to its product lineup. NOVA joins current LOS Empower, and both offerings will aim to offer distinct options for a wider range of mortgage lenders, according…
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