Bay Area lawmakers OK new ADU guidelines to spur construction, citing needs of seniors

The Marin County Board of Supervisors in Northern California on Tuesday approved reduced fees to build accessory dwelling units (ADUs) in unincorporated parts of the county, according to an announcement by county officials.Marin County is situated across the Golden Gate Bridge, north of San Francisc
Read More3 unique mortgage products to get today’s homebuyer qualified

Tom Davis, chief sales officer, Deephaven MortgageToday’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. Tom Davis, chief sales officer at Deephaven Mortgage, offers information about
Read MoreCFPB, FTC file amicus brief against Ocwen over servicing ‘convenience’ fees

The Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) announced this week that they have filed an amicus brief in the U.S. Court of Appeals for the Eleventh Circuit, supporting plaintiffs that allege unlawful fees imposed by Ocwen Loan Servicing, a division of Ocwen
Read MoreRocket to shut down origination channel for real estate and insurance agents

Rocket Companies will soon shut down Rocket Pro Originate, a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages. According to a copy of an email sent to affected originators and revi
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