A weekly review of real estate hits and misses.
National push back on data centers, costly upkeep of older homes, and vacant celebrity mansions: lenders should reassess loan risk, pricing and exit plans.
Housing Market Inventory Rebound is Empowering Buyers, With Exceptions
Current trends suggest sellers may be adjusting price expectations due to increasing competition for buyers, indicating a shift in the real estate landscape.
Aaron Kirman’s Investment in AI, Cryptocurrency, and New Developments
Explore Aaron Kirman's vision for Christie's SoCal, highlighting the influence of AI, cryptocurrency, and development projects on the future of real estate.
Real Estate Agents Should Avoid Comparing Gross Commission Income
Comparing real estate agent gross commission income can lead to reactive decision-making, obscuring true costs and undermining client relationships and trust.
UHM Expands Non-QM Presence through Acquisition of AmeriTrust Assets
Union Home Mortgage Corp. acquires AmeriTrust Mortgage Corp., enhancing its presence in the nonqualified mortgage market and expanding investment opportunities.
RiskSpan Unveils Credit Risk Model Designed for Non-QM Loans
RiskSpan has released Credit Model 7.1, trained on $87B UPB for non-QM loans, as Q3 issuance surged 97% to $20.9B, enhancing risk assessment capabilities.
Advocacy Is Leadership, Not Just Background Noise.
Explore the proposed $100 million Southern California Rebuild Fund, designed to address wildfire rebuild financing gaps through stakeholder collaboration and input.
loanDepot seeks dismissal of West Capital Lending complaint in court
loanDepot argues that WCL lacks standing under TILA and demonstrates no lost customers, requesting dismissal with prejudice in federal court in California.
Anticipating the CFPB’s Future Actions Following Vought’s Departure
The CFPB awaits Brian Johnson's nomination amid expanding state enforcement, raising the need for clarity among private lenders navigating regulatory changes.
California Sees Increased Home Sales Amidst Declining Median Prices
California home sales show a rise, despite remaining below the 300,000 mark for 45 months, indicating potential opportunities for private lenders.