Real Estate Technology Transitioning from Versatile Tools to Precision Instruments
As agents and brokerages shift towards specialized tools, private lenders must adapt to remain competitive in a focused and evolving market landscape.
Debate Arises Over Costs and Feasibility of Portable Credit Reports
Explore the evolving mortgage landscape as industry leaders seek to decrease credit report costs and discuss the potential for shared borrower files among lenders.
Invesco Mortgage Capital Appoints Kevin Collins as CEO
Invesco Mortgage Capital announces Kevin Collins as the new CEO, succeeding John Anzalone. Explore the implications for private lenders in this transition.
OCC Consent Order Addresses VA Cash-Out Refinances at Federal Savings Bank
The OCC's consent order against The Federal Savings Bank highlights concerns over misleading VA cash-out refinancing practices, emphasizing regulatory scrutiny in the mortgage sector.
eXp Realty Joins Zillow in Seattle RESPA Lawsuit
Second amended complaint against Zillow adds eXp Realty, alleging steering towards Zillow Home Loans and increasing named plaintiffs to 12. Key developments for private lenders.
Redfin requests NWMLS approval for premarketing Seattle property listings.
Redfin requests NWMLS to implement a premarketing status for listings in Washington, enabling broad visibility for agents while gauging market interest.
New York Comptroller Encourages Investors to Oppose eXp’s Texas Relocation
New York Comptroller Thomas DiNapoli advises investors to oppose eXp's plan to reincorporate from Delaware to Texas at the upcoming annual meeting.
The Misconception of Decoupling Real Estate Commissions: Proceed with Caution
CFA study shows limited impact of commission decoupling on buyer agent fees, highlighting ongoing challenges in affordability for private lenders and buyers.
Next Steps for Fund Managers Following the SEC Qualified Client Rule
The SEC's proposed rise in qualified client thresholds alters performance fee eligibility, impacting fund managers and high-net-worth investor access significantly.
MBA Supports CFPB’s Strategic Plan and Advocates for Expanded Mortgage Relief
The MBA supports the CFPB's draft plan, advocating for TRID and servicing changes along with updates on disclosure and underwriting to enhance credit access.