California, New York have the nation’s most expensive ZIP codes

The nation’s most expensive neighborhoods are once again in coastal states. A recent report from real estate data provider PropertyShark ranked California, New York and Florida as the states with the most expensive ZIP codes in 2024.The report listed the 100 most expensive ZIP codes between Jan. 1 a

Fairway, accused of redlining in Alabama, agrees to settle for $1.9M

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 agreemen

MISMO working group targets January for new reverse mortgage standards

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, traditiona