Coldwell Banker taps Payload for automated earnest money deposits by Kennedy Edgerton for HousingWire

HousingWireHousingWire Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. Technology provider Payload is integrating with the brokerage firm, according to a recent announcement. With its new integration, Coldwell Banker Realty — a subsidiary of Anywhere Real Estate Inc. —can now process…

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Fairway, accused of redlining in Alabama, agrees to settle for $1.9M by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama, metro area. The agreement, which was submitted for court approval, requires the…

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MISMO working group targets January for new reverse mortgage standards by Chris Clow for HousingWire

HousingWireHousingWire The Mortgage Industry Standards Maintenance Organization (MISMO) is targeting January 2025 as the release window for reverse mortgage standards from its work group that is analyzing and developing the standards, according to a statement released Tuesday by Mortgage Cadence. “Interestingly, traditional forward mortgage lenders are beginning to take notice…

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