Fannie Mae and Freddie Mac revise condominium insurance standards.
Fannie Mae and Freddie Mac revise condominium project standards and insurance requirements for one- to four-unit properties, aiming to lower costs for homeowners.
Atlantic Avenue Mortgage Tops HECM Broker Endorsements in January
Atlantic Avenue Mortgage has achieved 935 HECM endorsements in the last year, highlighting significant growth and demand in the reverse mortgage sector.
CrossCountry Mortgage Expands Presence through Summit Acquisition Deal
Cleveland's CrossCountry Mortgage is expanding its market presence by acquiring Summit Funding, enhancing its service offerings and geographic reach.
February Sees Faster Home Sales Despite Decline in New Listings
As home sales gain speed amidst declining new listings, insights from REMAX highlight shifting market dynamics that private lenders should consider.
Federal Reserve Holds Rates Steady Amid Inflation and Geopolitical Uncertainty
Federal Reserve maintains benchmark interest rate at 3.5%-3.75%, providing stability in the market. Implications for private lenders examined.
MoxiWorks and Michael Saunders & Company Renew Strategic AI Marketing Agreement
Michael Saunders & Company has strengthened its partnership with MoxiWorks, enhancing AI-driven marketing and productivity tools for over 650 real estate agents.
Matt Dowd Discusses AI Agents for Managing Mortgage Servicing Call Volume
ICE has introduced AI voice and chat agents to handle routine servicing inquiries, enhancing efficiency by lowering call center volume and shifting complex cases to staff.
Mortgage Demand Falls 11% as 30-Year Fixed Rate Reaches 6.3%
Mortgage applications fell 10.9% as the 30-year fixed rate reached 6.3%. However, the purchase index saw a week-over-week increase of 1%.
The 3% Rule: Analyzing Its Impact on Accelerated Home Sales
Recent HousingWire data indicates that 3% price reductions are effectively boosting absorption rates in the mid-market housing sector, particularly for homes priced between $350K and $650K.
Independent Mortgage Banks See Profitability Decline as Margins Drop 44%
MBA data reveals IMB profits decreased to $674 per loan in Q4 2025, a significant drop from $1,201 in Q3, alongside revenue slipping to 340 bps.