City Lending to cease operations due to regulatory challenges and market shifts
City Lending Inc. is ceasing operations as mounting regulatory challenges and industry consolidation impact independent mortgage banks in Virginia.
Compass Introduces Referral Program for Buyer Leads from Listing Agents
New Compass program incentivizes listing agents with a 10% fee for referring buyer inquiries to colleagues, enhancing collaboration and efficiency in transactions.
Considerations for Utilizing Single Credit Bureau Pulls in Mortgage Lending
Explore the implications of transitioning to single-bureau credit pulls for GSE loans, balancing cost savings with potential risks in pricing and liquidity.
Housing Optimism Supported by Data, According to Gary Keller
Keller Williams anticipates 4.3 million home sales and $2.4 trillion in mortgage volume, projecting 5.9% rates, impacting private lenders' strategies.
Keller Williams launches updated Command platform for enhanced user experience.
Explore how the new Command platform enhances agent productivity with integrations of top proptech tools and AI, driving growth in the private lending sector.
Current Status of HUD’s Proposed Changes to Reverse Mortgages
Federal housing agencies conclude public comments on reverse mortgage programs; industry stakeholders await upcoming decisions that may impact private lenders.
NAR to Showcase Realtor Services and Their Value in Upcoming Campaign
Explore how Realtors streamline the home-buying process by expertly managing negotiations, coordinating stakeholders, and navigating complex regulations.
Pending Home Sales Show Year-Over-Year Growth as Spring Approaches
Pending home sales increased by 4.6% year over year, with inventory at 700,259 units, while mortgage rates stabilized near 6%, signaling a dynamic market.
Dan Hultquist Discusses HECM Reforms and Engaging New Sales Talent
Reverse mortgage expert Dan Hultquist analyzes recent HECM reforms, emerging proprietary loan trends, and the impact of technology on industry expansion.
RateFi Launches Crypto Asset Integration for Mortgage Qualification
RateFi enables borrowers to utilize verified cryptocurrency as income and reserves for mortgage applications, eliminating the need for liquidation.