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Loans

Pennsylvania Office of Attorney General
Pennsylvania

Pennsylvania Attorney General Settles with SoLo Funds Over Deceptive Loan Practices

July 3, 2024July 3, 2024 - by Maryann Pugh

HARRISBURG, PA — Attorney General Michelle Henry announced a settlement this week with SoLo Funds, Inc., a California-based lending platform accused of deceptive practices that misled borrowers into paying inflated …

Pennsylvania Attorney General Settles with SoLo Funds Over Deceptive Loan Practices Read More

Real estate
National / Real Estate

Soaring Down Payments Challenge U.S. Homebuyers

June 24, 2024June 23, 2024 - by Timothy Alexander

SEATTLE, WA — A new analysis from Zillow® reveals that to comfortably afford a typical home in the U.S., the median-income homebuyer needs nearly $127,750 for a down payment. This …

Soaring Down Payments Challenge U.S. Homebuyers Read More
Spring EQ
Regional

Spring EQ Introduces Fixed-Rate HELOC to Expand Home Equity Options

June 20, 2024June 19, 2024 - by Timothy Alexander

PHILADELPHIA, PA — Spring EQ, a provider of home equity financing solutions, has introduced Fixed Rate Home Equity Line of Credit (HELOC) products. This addition broadens the company’s range of …

Spring EQ Introduces Fixed-Rate HELOC to Expand Home Equity Options Read More

Home sales
National / Veteran Issues

VA Updates Home Loan Rules to Help Veterans Compete in Housing Market

June 17, 2024June 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Department of Veterans Affairs announced significant changes to its home loan program, allowing eligible Veterans, active-duty service members, and surviving spouses to pay for certain …

VA Updates Home Loan Rules to Help Veterans Compete in Housing Market Read More
Real estate
National / Real Estate

Report Shows Rising Inventory but Stagnant Home Prices

June 10, 2024June 10, 2024 - by Timothy Alexander

SAN FRANCISCO, CA — HouseCanary, Inc. has released its May Market Pulse Report, revealing a 3.6% increase in net new listings compared to May 2023. Despite this uptick, the housing …

Report Shows Rising Inventory but Stagnant Home Prices Read More

Holly Graver
Executives

Seedcopa + SeedcoDE Welcomes Holly Graver as Senior VP, Boosting Business Development Efforts

June 5, 2024June 5, 2024 - by Timothy Alexander

EXTON, PA, and WILMINGTON, DE — Seedcopa + SeedcoDE has announced the appointment of Holly Graver as Senior Vice President, Business Development Officer. The lending affiliate of the Chester County …

Seedcopa + SeedcoDE Welcomes Holly Graver as Senior VP, Boosting Business Development Efforts Read More
Consumer Financial Protection Bureau (CFPB)
National

CFPB Shuts Down Western Benefits Group for Illegal Student Loan Fees

May 26, 2024May 26, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Western Benefits Group, a company based in Pleasanton, California, for charging illegal advance fees for student …

CFPB Shuts Down Western Benefits Group for Illegal Student Loan Fees Read More

Couple walking on seashore
National / Real Estate

Vacation Home Dream Derailed: US Second Home Mortgage Numbers Dip

May 20, 2024May 19, 2024 - by Timothy Alexander

SEATTLE, WA — Despite the fantasy of a cozy vacation home nestled in a beachfront or mountain setting, this dream hit a hard reality in 2023. Data from Redfin, a …

Vacation Home Dream Derailed: US Second Home Mortgage Numbers Dip Read More
Housing
National / Real Estate

Navigating Choppy Waters: An In-Depth Analysis of U.S. Home Equity & Underwater Report for Q1, 2024

May 13, 2024May 13, 2024 - by Timothy Alexander

IRVINE, CA — Recent data from ATTOM’s Q1, 2024 U.S. Home Equity and Underwater Report indicates a shifting landscape in the U.S. housing market. A drop in the equity-rich status …

Navigating Choppy Waters: An In-Depth Analysis of U.S. Home Equity & Underwater Report for Q1, 2024 Read More
Funds
Pennsylvania

Massive Debt Relief for Art Institute Students: A Glimmer of Hope Amidst Years of Fraudulent Claims

May 9, 2024May 8, 2024 - by Maryann Pugh

HARRISBURG, PA — Attorney General Michelle Henry recently made a landmark announcement. She unveiled a plan that will provide nearly 18,000 Pennsylvania students who attended The Art Institute between 2004 …

Massive Debt Relief for Art Institute Students: A Glimmer of Hope Amidst Years of Fraudulent Claims Read More

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