Mortgage Prepayments Reach 3.5-Year High as Borrowers Seek Refinancing
Mortgage prepayments reached a three-and-a-half-year peak in October, driven by lower interest rates encouraging increased borrower refinancing activity.
The Myth of Mega-Lenders: Consolidation’s Limitations in the Mortgage Sector
Explore the potential shift in mortgage lending as major players leverage technology and capital, raising concerns about market consolidation and industry viability.
Compass and Zillow Present Final Arguments in Antitrust Hearing
Compass and Zillow presented their closing arguments in court regarding Zillow’s listing access policy, as Judge Vargas scrutinized both positions closely.
Doge’s Decline, Yet Its Deregulatory Housing Agenda Persists
Explore how DOGE was initiated to reform federal agency operations, streamline budgets, and enhance efficiency in government projects since its launch.
Proposal Aims to Abolish Property Taxes in Oklahoma
Explore how a new initiative aims to eliminate property taxes in Oklahoma, potentially impacting private lenders and the real estate landscape.
Federal Judge Dismisses Mortgage Fraud Charges Against NY AG Letitia James
Federal judge dismisses charges against New York AG Letitia James, citing issues with the prosecutor's appointment, impacting ongoing legal matters and implications.
MBA Chief Seeks Federal Investigation into Rising Costs of Credit Reporting Products
Mortgage Bankers Association's CEO urges investigation into escalating credit report prices, highlighting concerns for lenders facing rising costs.
Proposal for 50-Year Mortgages May Transform U.S. Housing Expenses
Proposed 50-year mortgages could lower monthly payments for buyers, but may increase overall interest and limit home equity, facing potential legal challenges ahead.
Record $20.9 Billion Non-QM Loans Issued in RMBS Market
Non-QM RMBS issuance in the U.S. achieved a record of $20.9 billion in Q3, reflecting significant growth and opportunities for private lenders in the market.
SitusAMC Reports Cyberattack and Data Breach in Real Estate Sector
SitusAMC, a key player in real estate technology, recently experienced a contained cyberattack, raising concerns about cybersecurity in the industry.