Mortgage rates exceed 7% for the first time in years.
Rising 30-year fixed mortgage rates top 7%, prompting private lenders to reassess risk pricing, origination strategies and borrower qualification standards.
Bookspan Baker team joins NEXA Lending to launch Keepsake Loans.
Bookspan and Baker move their mortgage team to NEXA Lending and launch Keepsake Loans to expand private lender opportunities in portfolio and bridge finance.
FHLBank New York adds $10.3M grant program for 366 affordable homes.
FHLBank New York awarded $10.3M to six projects creating/preserving 366 affordable homes across its district; note potential private lending opportunities.
Typical down payment decreases 9.2% to $27,100.
Typical U.S. down payments fell, increasing buyer leverage in a softer market—implications for private lenders' risk, pricing and structuring & exit plans.
Lennar expands into Iowa with five communities in the Des Moines market.
Lennar opens five Des Moines communities, its first Iowa division - boosting builder-driven supply and private-lender financing opportunities. Market intel
Uplist adds Arcasa zero-down FHA option to listing payment tools.
Uplist QR-code and listing links present Arcasa zero-down FHA vs standard financing, helping private lenders to compare borrower risk and potential yields.
HouseCanary Files Chapter 11 Amid $260 Million Rocket Dispute.
HouseCanary files Chapter 11 amid pursuit of $260M+ from Rocket affiliates over trade-secret dispute; implications for private lenders on asset valuation..
Better opens probe into ex-CEO Vishal Garg amid board dispute.
Special committee probes allegations against former CEO Vishal Garg amid board consent dispute; lenders note governance risks and due-diligence impact now.
Texas suspends data center permits amid power, water and housing strains.
Texas halts data-center permits amid power, water and housing audits, impacting deal financing, underwriting risk and market liquidity for private lenders.
Perchwell CEO on MLS transition to next-generation technology.
Fairbanks says a recent MLS conversion represents a different pace of industry innovation. The remark frames the conversion as more than a routine technical refresh; it signals a shift in how listing data is governed, formatted and distributed across the real estate ecosystem. That [...]