UWM’s Broker Ultimatum Linked to Rivals’ 5 Basis Point Price Reduction
United Wholesale Mortgage's policy change restricting brokers from working with Rocket Mortgage led to a 5 basis point price drop for unaffected lenders, a recent study finds.
Top Cities for First-Time Homebuyers: Best and Worst Choices
Explore the challenges first-time homebuyers face in California's cities, revealing significant insights for private lenders in today's competitive market.
Bank regulators provide guidance on credit risk related to unauthorized workers.
OCC, FDIC, and NCUA emphasize the importance of managing credit risk for borrowers lacking work authorization, highlighting compliance with existing regulations.
Thomas Jefferson’s Childhood Residence Hits the Market for $17 Million
Explore the rare opportunity to acquire Thomas Jefferson's historic boyhood home, a National Register property, for $17 million, with private tours available.
Indiana Sees Surge in Home Sales and Listings in Early Year
Indiana's real estate market is experiencing significant growth, with a 5% increase in median sale prices year-to-date and June's rates reaching an all-time high.
Zillow’s Challenges: MRED and Compass Claim Self-Inflicted Issues
Zillow faces allegations of a group boycott by MRED and Compass, with defendants claiming Zillow's issues stem from self-inflicted wounds, not monopolistic practices.
Median Monthly Rent Sees Annual Decrease for 35 Consecutive Months
Median asking rents have decreased for 35 consecutive months, driven by an oversupply in multifamily construction relative to demand.
Compass Lodges Ethical Complaints Against Zillow Across 26 States
Compass has filed ethics complaints against Zillow, accusing the company of false advertising across 26 states, 55 MLSs, and 30 Realtor associations.
Mortgage Rates Increase, Yet Easing Inflation May Offer Some Relief
June's Consumer Price Index data indicates cooling inflation, easing concerns over rising mortgage rates. Private lenders may find renewed market stability.
Real Brokerage and RE/MAX Merger Passes Antitrust Review
The DOJ has concluded the HSR waiting period early for RE/MAX's merger with Real, allowing for upcoming scheduled votes that could reshape the market landscape.