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CFPB wants lenders to disclose reason for denial of credit: The CFPB said that all lenders, including those using complicated algorithmic models for underwriting decisions, must abide by ECOA and disclose why a customer is denied credit. Read more
Tampa tops list for largest annual price gains in March: Price growth nationwide was up 20.6% year over year. Read more
Pending home sales hits slowest pace in nearly 10 years: Pending home sales dropped 3.9% from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday. Read more
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