As HEI regulations expand, states debate loan classification

As states take varying approaches to regulating home equity investment (HEI) products, the industry faces an increasingly fragmented legal landscape shaped by consumer protection concerns and uncertainty over whether the products should be treated as mortgage loans. Under an HEI, homeowners receive

EXCLUSIVE: Aubrey Plaza Cuts More Than $1 Million Off the Price of Her L.A. Home—1 Month After Announcing Pregnancy

Actress Aubrey Plaza has relisted her Spanish-style California compound with a steep $1.2 million discount—just two months after an offer on the home fell through. Plaza, 41, originally listed the picturesque Los Feliz abode for $6.5 million in September, eight months after her husband, film directo

HouseAmerica Financial joins All Western Mortgage 

National mortgage banking company All Western Mortgage (AWM) announced on Thursday that HouseAmerica Financial has joined the company as it continues its national expansion. HouseAmerica Financial, based in La Cañada, California, produces about $500 million annually in mortgage volume, according to

House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits

The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on Department of Veterans Affairs (VA) refinance transactions. The legislation — H.R. 6047, also known as the Sharri Briley and Eric Edmu