Homeowners increasingly rely on equity as retirement expenses rise.
Explore how spending patterns among households aged 65 and older have evolved, with annual expenses now at approximately $122,000, reflecting significant growth since 2000.
MRED’s Legal Dispute with Zillow Affects Agents and Sellers Directly
MRED cuts Zillow and Trulia feeds, withdrawing 40,000 listings following an antitrust suit and the banning of 9 listings under display standards.
April Sees Decline in Single-Family Housing Starts, Growth in Multifamily Market
April housing starts increased by 4.6% year-over-year, though single-family starts saw a 2.4% decline, while new home inventory dropped 4.6%.
Accelerating AI Adoption in Mortgage Servicing, According to BlackWolf
AI adoption in mortgage servicing surged from 15% to 38%, reducing costs by 30-50% as regulatory oversight increases, presenting opportunities for private lenders.
Independence and Scale: How AI is Transforming Brokerage Strategies
Rodland Real Estate launches a new platform enabling independent brokerages to scale their operations while maintaining their unique identity and values.
CFPB Focuses on Reg X and GSE Streamline Refinances Amid LO Compensation Concerns
CFPB is considering updates to Regulation X servicing rules, potentially facilitating streamlined GSE refinances. Key implications for private lenders are forthcoming.
Rocket Mortgage and Rocket Pro Implement VantageScore 4.0 Changes
Rocket Mortgage integrates VantageScore 4.0 alongside Classic FICO, as FHFA tests the model. Meanwhile, lenders have provided $10 million in loans to Freddie Mac.
Increase in Zombie Foreclosure Rates Observed in Second Quarter
Vacancies remain at 1.3% across U.S. residential properties, with nearly 245,000 homes facing potential foreclosure, signaling risks for private lenders.
North Carolina Includes Property Tax Measure on Upcoming Ballot
“Learn how North Carolina's new property tax measure, backed by bipartisan support, could impact lending dynamics and investment opportunities.”
Report Highlights Decline in Home Sale Agreement Cancellations
Discover insights on the current trend in home sale agreement cancellations, which have reached historically low levels, affecting private lenders' strategies.