Inventory Sees Slight Year-Over-Year Increase Amid Rising Rates
Inventory increases to 871,063 amid sustained high rates, with pending sales declining year over year and price reductions reaching 41.67%.
The mortgage industry’s AI challenge is different from common perceptions.
Discover how Mortgage AI enhances reporting and streamlines back-office tasks, emphasizing the value of stable operations and consistent client experiences for lenders.
Michael McCully Discusses Factors Influencing Reverse Mortgage M&A
M&A activity in the reverse mortgage sector reflects structural pressures in the mortgage industry, signaling a shift in focus for private lenders.
VantageScore 4.0: Enhancing Opportunities in Wholesale Lending
UWM is testing VantageScore 4.0 for brokers, allowing some borrowers to meet a 620 minimum and potentially lower LLPAs and cash to close significantly.
Ocusell List to Integrate with OneKey MLS
Ocusell integrates with OneKey MLS, enabling autopopulation of 70+ fields, enhanced rule checks, and AI-generated remarks for streamlined listing management.
Appeals Court Permits Mamdani to Proceed with Pied-à-Terre Tax Implementation
Explore the implications of the appeals court's decision on the Pied-à-Terre tax rollout and its potential impact on private lending practices.
Shareholders Approve REMAX Acquisition as Closing Approaches
Real and REMAX shareholders have approved their merger, with Real voting 99% in favor and REMAX at 78.8%. Closing is anticipated within two weeks.
Seattle Prohibits Junk Fees in Rental Housing Practices
Seattle's new measure addresses rental agreement violations, focusing on banning excessive junk fees in housing. Explore implications for private lenders.
Key Outcomes in Real Estate from the Recent Week
Data centers are emerging in lower-income areas, retail spaces are adapting, and British homebuyers are prioritizing air conditioning in their homes.
Radian Divests Real Estate Services and Plans Title Sale to PLACE
Radian has completed the sale of its real estate services unit to PLACE and is set to sell its title business, with closure anticipated in Q4.