Lawsuit Alleges eXp Realty Turned A Blind Eye To It’s Agents Who Drugged And Sexually Assaulted Recruits A very disturbing and controversial lawsuit has been filed against eXp Realty and eXp World Holdings. The lawsuit alleges that eXp Realty “turned a blind eye” on former agents sexually assaulting women at the company events. Plaintiffs filed […]
FHA To Cut FHA Mortgage Insurance Premiums By 30bps On March 20th. White House Says Homeowners Will Save An Average Of $800 Annually The Biden Administration announced that FHA Mortgage Insurance premiums be decreased by 30 basis points. FHA charges premiums on the loans they underwrite. FHA charges the fee on top of the monthly […]
The Majestic Home Loan Legacy Issue That Caused It’s Collapse Was Due To Late Owner’s Inexperienced Son When Majestic Home Loan has abruptly closed last month the company was pretty tight lipped about the cause. All the company said was it was a legacy issue. What was the mysterious and unspoken Majestic Home Loan legacy […]
Study Shows Age Discrimination In Lending Appears To Skyrocket. Why Are Lenders Giving Older Borrowers The Shaft? It appears mortgage lenders are giving older Americans the shaft. A new study by the Center for Retirement Research at Boston College shows age discrimination by mortgage lenders is skyrocketing. The study is called, “Are Older Mortgage Applicants […]
Mortgage Rates Are Inching Closer To 7%. Rates Are Up 13 BPS In Less Than 24 Hours. Is There Really A Recession Coming? Mortgage rates are inching closer to 7% and here is why. Economic data indicates that the economy has remained resilient. This is despite the Federal Reserve tightening monetary policy and raising rates. […]
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