New Jersey considers removing home interior photos at a buyer’s request.
Regulatory noncompliance exposes licensees to fines, license revocation and enforcement; private lenders must assess partner compliance risk and mitigation.
Gateless Smart Underwrite receives AZP Platinum AI certification.
AZP has reported that a portfolio of 230,000 loans produced no reported claims and has introduced a framework emphasizing governance and auditability to underpin that assertion. The scale of the claim, paired with explicit controls, is presented to signal disciplined underwriting, consistent servicing practices, [...]
Credit unions are failing to meet reverse mortgage demand.
Credit union executives told an ACUMA audience that credit unions accounted for only a tiny share of the roughly 36,000 reverse mortgages originated in the most recent reporting period. That stark market position highlights a pronounced gap between the needs of older members and [...]
Hive MLS CEO Daniel Jones argues for a new MLS constitution.
A terse declaration has injected fresh scrutiny into the MLS ecosystem as association leaders face mounting questions about private listing practices, data ownership and related governance issues. The statement underscores how opaque distribution of property information can ripple through the housing finance chain — [...]
Court grants initial approval in HouseCanary bankruptcy.
New Jersey bankruptcy court approved first-day motions and authorized debtor-in-possession financing after a significant loan default left the company in urgent need of liquidity. The court’s order permits the debtor to draw on a DIP facility to sustain operations, meet payroll, and continue vendor [...]
Land acquisition math grows more challenging for homebuilders.
Acres has broadened its property-intelligence platform to deliver a large-scale parcel-level dataset spanning more than 1,000 metropolitan areas and over 3,000 counties, built from roughly 155 million parcel records. That expanded inventory affords mortgage market participants deeper, address-level visibility into ownership, land use and [...]
Searches and examinations remain largely manual in an automated industry.
Private lenders: automated title tasks increase efficiency, but human oversight remains essential to manage trust, liability and complex exceptions. Risks.
Non-retirees increasingly worry about outliving their assets.
Most non-retired Americans view the prospect of losing regular paychecks as a significant financial threat, reflecting widespread gaps in savings, reliance on wage income, and limited access to guaranteed retirement streams. That concern is rooted in the shift away from employer-guaranteed pension models toward [...]
Las Vegas leads relocation searches; Florida draws most interstate buyers.
Relocation trend: Las Vegas tops metro destination; Florida leads state inflow. Nearly 1 in 5 buyers search outside metro—implications for private lenders.
Inventory rises 5.8% as listing prices decline for the 36th week.
Inventory rose 5.8% year-over-year; median listing prices fell 1.3% and sales pace modestly faster for private lenders: underwriting, pricing and liquidity.