
Mortgage rates headed past 7% after Powell warns Congress on inflation
Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation
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4 more US senators call for DOJ probe of RealPage over rent hikes
Sens. Elizabeth Warren, Bernie Sanders, Tina Smith and Edward Markey said they investigated rental data firm RealPage and call for more scrutiny of the company’s role in nationwide rent growth.
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Federal consumer watchdog flags mortgage servicers’ junk fees
The CFPB alleges mortgage servicers charged excessive late fees, assessed "fake" private mortgage insurance premiums and made homeowners pay for unnecessary inspections.
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Massachusetts orders halt to MV Realty’s 40-year listing contracts
Preliminary injunction in Massachusetts says "homeowner benefit agreements" are actually high-interest mortgage loans and can no longer be offered or enforced until case is resolved.
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