CFPB considers ban on charging buyers for lender’s title policy

The Consumer Financial Protection Bureau is considering a ban on mortgage banks charging homebuyers for the lender’s title insurance policy, according to a report by Bloomberg.Lender’s title policies protect lenders from issues that may arise with the title of the property, but they are paid by the
Read MoreHeartland MLS joins forces with Down Payment Resource

Kansas City-based Heartland Multiple Listing Service (MLS) has announced a strategic integration with Down Payment Resource (DPR) to enhance accessibility to homeownership for residents across the Greater Kansas City area.DPR, known in the housing industry for its database and homebuyer assistance p
Read MoreWSFS president talks motivation for reverse mortgage survey, potential future action

Last month, Northeast regional lender WSFS Mortgage released the results of a survey that measured reverse mortgage product sentiments. It found that more people seem to be aware of the potential value that a reverse mortgage could provide for older homeowners, including as a tool to age in place an
Read MoreKeller Williams named to yet another profit-sharing lawsuit

Keller Williams was named to an eighth class-action lawsuit that takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Dav
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