Better Secures $175 Million Warehouse Credit Facility Renewal
Better has renewed its $175M warehouse credit, reducing equity requirements and aiming for $1B in monthly originations, enhancing operational capacity for growth.
Investors criticize CoStar’s ineffective board and unrealistic Homes.com goals.
Third Point calls on CoStar to overhaul its board following a $3 billion loss and a 27% drop in stock value, while reevaluating Homes.com strategy.
ACES Quality Management Purchases BaseCap Analytics
ACES Quality Management has acquired BaseCap Analytics, enhancing its enterprise software with advanced data quality automation and validation features for improved decision-making.
HighTechLending launches second-lien loan to utilize home equity.
HighTechLending introduces a second-lien home equity product that operates similarly to a credit card, offering flexibility for borrowers and private lenders.
Rocket Companies Faces Class-Action Lawsuit Over Alleged Steering and Price Inflation
Rocket Companies faces a class-action lawsuit, alleging that Rocket Mortgage improperly guided consumers to unfavorable loan products, raising concerns for private lenders.
Jason Mitchell Group Expands Referral Network with LitFinancial Addition
The Jason Mitchell Group's high referral volume showcases its influence in the mortgage market, driving significant closed sales for private lenders.
Alabama Home Sales Increase as Active Listings Expand
Alabama's median home sales price surged 15.9%, reaching $245,615, signaling a robust market amidst increasing active listings. Explore trends and insights.
Onity seeks to raise $150 million through PHH subsidiary financing.
Onity Group, the parent company of PHH Mortgage and Liberty Reverse Mortgage, is set to raise $150 million through a debt offering aimed at qualified investors.
Real Estate Certification Highlights Agents Dedicated to Consumer Protection
Discover the new Transparent Agent Certification by Housing Rebel, which highlights agents committed to transparency by avoiding referral fees and dual agency practices.
Year-Over-Year Increase in Down Payment Assistance Programs Noted
Explore the increase in down payment assistance programs, with 63% available for first-time buyers, and its implications for private lenders.