Younger Buyers Show Interest in 50-Year Mortgages Despite Limitations
Millennials lead the way in considering half-century loans, with 54% open to the option, while interest diminishes with increasing age demographics.
AnnieMac CEO Joseph Panebianco Discusses Data-Driven Success Strategies
Gain insights on managing growth, risk, and data-driven decisions in the housing market from expert Joseph Panebianco, tailored for private lenders.
AI Transforming Home Searches: Strategies for Homebuilders to Succeed
AI is transforming home searches, with 66% of buyers utilizing it for research. Private lenders must adapt to stay competitive in this evolving market.
FHA Loans Contribute to Rising Mortgage Delinquency Rates
FHA loans are driving the rise in mortgage delinquencies, influenced by economic factors like a weaker labor market and rising costs for borrowers.
NAR President Kevin Sears Discusses Building Trust Among Members
Sears expressed gratitude to NAR members for their trust and emphasized the association’s significant turnaround in his farewell address at the NAR NXT conference.
NAR Prioritizes Increasing Inventory Over 50-Year Mortgages
The NAR emphasizes the need for housing supply and tax reforms while recognizing the importance of affordability in long-term mortgage strategies for private lenders.
AI’s Entry Marks a Turning Point, but Adoption Will Determine Its Impact
Explore the mortgage industry's technological challenges and the potential impact of AI advancements, highlighting key reasons why current changes may stand out.
New Jersey Lawmaker Proposes Statewide Alerts for Property Title Fraud
New Jersey's proposed property title fraud alerts aim to protect homeowners and private lenders alike from potential fraud risks and enhance industry security.
Foreclosure Activity Increases Year-Over-Year for Eighth Consecutive Month
Lenders see a significant rise in foreclosure activity, with 3,872 properties repossessed last month, reflecting ongoing market trends. Continue reading for insights.
Lena Horne’s Former NYC Residence Now Listed at $1.2 Million
Discover the unique features of a Tudor-style home in Queens, featuring six bedrooms and rich historical significance, now available at $1.2 million.