Ben Lane

Ben Lane

Ben Lane is the Editor for HousingWire. In this role, he helps set a leading pace for news coverage spanning the issues driving the U.S. housing economy and helps guide HousingWire's overall direction. Previously, he worked for TownSquareBuzz, a hyper-local news service. He is a graduate of University of North Texas.

ARTICLES

  • HUD accuses Facebook of enabling housing discrimination

    Alleges that social media goliath makes it easier to discriminate
    Facebook allows landlords and property owners to discriminate against prospective renters and buyers based on their race, color, religion, sex, familial status, national origin, disability, or other factors, HUD said Friday.
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  • Credit Karma enters the mortgage business by buying Approved

    Personal finance company has more than 80 million members
    Credit Karma, the personal finance company that provides its 80 million members with products and services to manage their finances and connects those members to financial services providers, is officially getting into the mortgage business by acquiring Approved, a digital mortgage platform.
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  • Inside the scandal that could explode multifamily real estate

    WSJ reports on massive multifamily mortgage fraud investigation
    Everything is going swimmingly in multifamily real estate these days, right? Rents keep rising, construction is still chugging along, deals are being made, and delinquencies are still at historic lows. So everything’s good, right? Maybe not. It appears there could a deep, dark secret at the core of multifamily lending. Fake residents, fake incomes, and inflated mortgages. Sound familiar?
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  • FHA pushing to provide foreclosure relief to Puerto Rico, Virgin Islands hurricane victims

    Extends foreclosure moratorium deadline one last time
    The foreclosure moratorium for 2017 hurricane victims in Puerto Rico and the U.S. Virgin Islands whose mortgages are guaranteed by the Federal Housing Administration was due to end this week, but the FHA announced Thursday that it is extending the foreclosure freeze again – for the last time. But that’s not all.
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  • Goodbye refi: Rising interest rates all but erase refinance demand

    Purchase loans now make up nearly 75% of all mortgages
    While mortgage interest rates dipped ever so slightly in the last week, they’ve been trending up for the majority of this year. And it appears that the consistent rise in interest rates this year has all but dried up refinance demand. Is it time to say goodbye to refis for a while? It certainly looks that way.
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  • Atlantic Bay Mortgage Group, Virginia Community Bank abandon merger plans

    Companies give up on merger after more than one year
    After more than a year of working through the regulatory and financial hurdles, Atlantic Bay Mortgage Group and Virginia Community Bank announced this week that they are abandoning their plan to merge. The companies said this week that the timeframe to complete the merger “remains unclear,” so it's in the best interest of each company to move forward separately.
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  • Angel Oak continues growth by expanding Angel Oak Home Loans into Louisiana

    Lender that offers non-QM options opens two new branches in Louisiana
    Angel Oak Companies, an investment management firm that focuses on mortgage credit and made its name providing residential mortgages that don’t fit into the Qualified Mortgage box, has grown its business significantly over the last few months. And now, the company is about to grow again.
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