Cavco builds first HUD-code manufactured home without a steel chassis.
Cavco's Grande Arbor: first HUD-code home without a permanent steel chassis after mandate removal; implications for collateral, valuation and lender risk. -
Better expands Coinbase HELOC rebate partnership amid equity growth.
Better offers Coinbase One members a lender-funded rebate of 1% (up to $10,000) on approved HELOCs; impact on private lenders while fintech HELOCs increase.
Gateway First Bank will acquire Colonial Savings, expanding Texas banking.
Gateway First Bank to acquire Colonial Savings, combining mortgage operations and expanding Texas banking footprint—implications for private lenders noted.
Zillow-MRED antitrust dispute moves from court to arbitration.
The court ruled that the record did not adequately separate allegations of a coordinated conspiracy from lawful, coincident alignment between MRED and Compass, finding plaintiffs’ evidence insufficient to prove an unlawful agreement. In applying antitrust principles, the judge emphasized that similar or parallel business [...]
The Fed’s rate rise affects private lending and DSCR.
Fed rate hike shifts private-lender outlook; Kevin Kim explains rising DSCR rates and implications for underwriting, cost of capital, and lending strategy.
NYC buyers caught between StreetEasy and Compass listing dispute.
A major brokerage withdrew a portion of its listings from a prominent consumer portal while that portal imposed a firm-level cap on featured agent participation, signaling an escalating tussle over control of online listing distribution. The moves reflect a broader clash between brokerages seeking [...]
Zillow preview listings are now available on Realtor.com.
Realtor.com Preview Listings will be labeled under a new syndication deal, affecting private lenders' lead sourcing, market exposure and valuation signals.
Agency pools are shifting as lender choice reprices specified pools.
Higher VantageScore 4.0 concentrations complicate credit pay-ups and prepayment modeling, increasing underwriting and yield uncertainty for private lenders...
Federal probes allege homeless aid was funneled to real estate, nightclub.
SoCal homelessness fraud cases allege millions diverted to real estate, a nightclub and personal expenses; prompts tighter due diligence for private lenders
Pending home sales rise slightly but are 4.7% below last year.
Pending home sales rose slightly while contract signings remain below prior year amid high mortgage rates, creating demand gaps private lenders can address