Reverse Market Insight Enhances Loan Qualification Tool with Smartfi Products
RMI's expanded Reverse Qualifier models Smartfi Choice proprietary reverse loans, offering detailed tracking for proceeds, costs, and comparisons with HECMs.
Seniors own a record portion of housing wealth, yet the mortgage system falters.
Homeowners aged 62+ command $14.66 trillion in equity, outpacing those 40-54. The need for standardized income verification in underwriting is highlighted.
The Key Advancement in the ROAD Housing Bill: Supply, Not the Investor Ban.
The ROAD to Housing Act enhances access to factory-built housing and initiates an FHA pilot for affordable mortgages, addressing low-cost market needs.
Partnership Aims to Provide 4,000 Affordable Housing Units in Los Angeles
A new partnership aims to convert the former LA World Trade Center into "Sky Castle," delivering 4,000 affordable housing units across Los Angeles.
AI-Generated Listing Videos: The Disclosure Standards Agents Require
Agents utilizing AI-generated listing videos must disclose any simulated footage and material edits, as new regulations in states like California emphasize transparency.
April Home Price Activity Shows Mixed Results in New Data Reports
House prices show minimal decline month-over-month but exhibit a modest annual increase, revealing mixed trends important for private lenders' strategies.
NYC to Reach Out to Luxury Property Owners Regarding New Pied-à-Terre Tax
Luxury property owners in NYC face new financial implications with the introduction of the Pied-à-Terre tax on high-value residential assets. Read more.
CRMLS introduces ‘Limited Exposure Coming Soon’ listing feature
CRMLS introduces 'Limited Exposure Coming Soon' listings, allowing sellers to restrict internet visibility and exclude properties from IDX feeds for privacy.
Non-QM Originations Set to Reach New Post-Crisis Highs Soon
Non-QM production is projected to rise significantly, reaching $175 billion by 2026, indicating strong growth potential in the market for private lenders.
Luxury Home Price Increases Outpace Non-Luxury Growth by Threefold
Luxury home sales are increasing at a notable pace, highlighting a significant trend that could impact investment strategies for private lenders.