HousingWireHousingWire A sweeping deregulatory bill in Florida that would dismantle dozens of professional oversight boards — including the Florida Real Estate Commission (FREC) — cleared a second state House committee on Tuesday, drawing sharp criticism from Realtors. H.B. 1461 was originally introduced on Feb. 28 by Rep. Taylor Michael Yarkosky,…
Continue reading →HousingWireHousingWire On Thursday, the Mortgage Bankers Association (MBA) and other housing groups signed a joint letter in support of the bicameral and bipartisan trigger lead bills known as the Homebuyers Privacy Protection Act, or H.R. 2808 and S. 1467. If enacted, the legislation would curb the use of mortgage credit…
Continue reading →HousingWireHousingWire Top U.S. mortgage lender United Wholesale Mortgage  (UWM) on Wednesday became the target of a lawsuit from the Ohio Attorney General, Dave Yost, who claims UWM conspired with mortgage brokers to steer loans and rip off consumers in Ohio. The case seeks to hold UWM “accountable for orchestrating and…
Continue reading →HousingWireHousingWire Bill Ackman, the billionaire founder of Pershing Square Capital Management, has an audacious plan to privatize Fannie Mae and Freddie Mac without congressional approval. The proposal involves the federal government forgiving hundreds of billions of dollars while also reducing capital requirements. As a result, Ackman claims the plan would…
Continue reading →HousingWireHousingWire Kirk Donaldson is no stranger to solving problems. As the CEO and founder of Halcyon, Kirk has spent over two decades building solutions that help lenders operate with more confidence and less friction. His latest venture brings a solution to one of the industry’s biggest headaches: income validation. In…
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