NEXA Lending focuses on a recurring income model for loan originators.
NEXA Lending is launching an MSR-linked income program for eligible originators, aimed at enhancing revenue opportunities in the mortgage industry.
Florida Court Protects Unused Reverse Mortgage Credit from Garnishment
Appeals court decision protects undisbursed HECM line of credit funds from creditor garnishment under Florida's homestead exemption rules.
HomeServices of America introduces Maestro, an AI-driven system for agents.
HomeServices of America has unveiled Maestro, an AI-driven platform integrating CRM, marketing, and transaction tools to enhance agent workflows and efficiency.
GSEs Enter MBS Market, Yet Macro Forces Continue to Influence Mortgage Rates
Fannie Mae and Freddie Mac are taking a measured approach in the mortgage-backed securities market, influenced by broader geopolitical events, including the U.S.-Iran conflict.
Zillow Faces Over 53,000 Copyright Infringement Claims from CoStar
CoStar has amended its lawsuit against Zillow, claiming infringement of over 53,000 watermarked photos, impacting Zillow and its syndication partners.
Seller Choice: Understanding Exposure as a Strategic Approach
A Compass manager emphasizes that MLS exposure isn't always the best strategy for real estate transactions, cautioning that price reductions can diminish leverage for sellers.
Mortgage Rates Approach 7% Amid Escalating Conflict in Iran
Mortgage rates climbed to 6.62% amid escalating Iran conflict, impacting purchase applications, which declined by 5%, with overall growth slowing to 5%.
Proposed Six-Figure Limit Targets Social Security Trust Fund Insolvency
Proposed caps on retirement benefits could restrict couples to a maximum of $100,000 annually, impacting financial planning for private lenders.
GSEs Revise Condo Loan Guidelines: Beneficial or Detrimental Impact?
Fannie Mae and Freddie Mac update condo project rules, reducing some costs while implementing stricter reserve and review requirements for insurance.
Two Harbors Ends UWM Agreement, Approves Cash Bid from CCM
Two Harbors concludes its merger with UWM, finalizing a $10.80 per share cash sale to CrossCountry, alongside a $25.4 million termination fee.