Flagstar mortgages could help NYCB shore up its balance sheet
Troubled New York Community Bancorp is reportedly ready to pledge about $5B in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital
by Matt Carter Feb 8
FNB of Pennsylvania to pay $13.5M to settle redlining allegations
FNB's 2017 acquisition of Yadkin Bank for $1.8B expanded its footprint into North Carolina, where the DOJ alleges it avoided providing mortgages to majority-Black and Hispanic communities
by Matt Carter Feb 6
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
How this Florida legislation could lead to more sustainable housing
Opinion
Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida's zoning laws could free up vast tracts of land for high-density new home construction
by Rachel Streitfeld Jan 18
David Stevens, influential leader in mortgage finance, dies at 66
The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers Association
by Matt Carter Jan 17
Navy Federal faces lawsuits over discriminatory lending allegations
Lawmakers are demanding a federal investigation in the wake of a CNN analysis that concluded the nation's largest credit union denied more than 50% of Black mortgage applicants in 2022
by Matt Carter Jan 12
The real estate agent's ultimate guide to fair housing
Real estate agents play a vital role in creating a fair and inclusive housing market, writes Julia Lashay Israel, helping to eliminate discrimination and promote equal opportunity for all
How cities and homeowners zoned themselves into a housing crisis
Los Angeles is one of many cities that dramatically reduced its own housing capacity over decades via a series of 20th century city planning initiatives, including homeowner-led downzoning efforts
by Jim Dalrymple II Dec 27
Salt Lake City: The utopian community that (sort of) worked
Utah's capital was founded as a religious refuge and built according to spiritual ideals. But it has evolved dramatically, offering a compelling glimpse of what successful urban planning looks like
by Jim Dalrymple II Dec 27
How our utopian dreams became the stuff of dystopian nightmares
In the 19th century, many people had a utopian view of the future, as well as fantastic visions of future cities. Then something shifted and we've been obsessed with dystopias ever since
by Jim Dalrymple II Dec 27
Developer accused of marketing in Spanish, closing in English
Colony Ridge, the developer of more than 40,000 lots northeast of Houston, says its clients have no opportunity to get a loan from anyone else and dismisses federal lawsuit as baseless
by Matt Carter Dec 22
1 in 4 agents are fielding client commission queries now: Triple-I
Brokerages have sprung into action as commission lawsuits proliferate — and not a moment too soon, according to the results of November's Inman Intel Index survey, released Wednesday
by Daniel Houston Dec 20
Time for brokers, agents to bridge the Sitzer disconnect: LeBarton
Brokerages have been scrambling to get agents up to speed on commission lawsuits — but they may already be in deeper than broker-owners realize, Inman's Director of Research tells Intel
by Daniel Houston Dec 20
FHA 2024 loan limits are headed up, chasing rising home prices
Annual home price appreciation of 5.5% pushes FHA loan limits up to a minimum of $498,257 in affordable markets and to a ceiling of up to $1.72M in high-cost states like Alaska and Hawaii
by Matt Carter Nov 29
On the ground in LA: How a divisive 'mansion tax' altered real estate
The president of Nourmand & Associates briefed Intel on how a new Los Angeles tax on high-priced properties has jolted the local real estate industry
by Lillian Dickerson Nov 29
First American settles 'no-poach' allegations with New York AG
The $4.5M agreement follows similar settlements with 'big four' title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty
by Matt Carter Oct 30