Mortgage Associations Prepare for Passage of Trigger Leads Legislation
The trigger leads bill, approved by the Senate, now poses significant implications for private lenders as it remains a 2025 priority following recent House inaction.
CFPB Files Suit Against Rocket and Jason Mitchell Group for RESPA Violations
The CFPB alleges Rocket Homes engaged in a kickback scheme to direct business toward affiliated companies, raising concerns for compliance among private lenders.
Single-Family Home Sales Increased in Recent Monthly Report
Explore the median and average sales prices of new homes, highlighting trends that may impact private lenders' investment strategies. Read more for insights.
Virginia Home Sales Increase by 13% Compared to Previous Year
Virginia's median home sales price rises to $415,000, reflecting market strength and a significant year-over-year increase. Explore the trends impacting private lenders.
Exploring Connections Between Reverse Mortgage Professionals and Forward Lenders
Reverse mortgage professionals explore strategies to build partnerships with forward lenders, sharing insights and experiences from a key industry event.
Rocket Challenges HUD and the DOJ on Regulatory Matters
The DOJ's lawsuit against Rocket Mortgage highlights serious concerns about appraisal bias and its implications for the mortgage industry and fair lending practices.
Natural disasters elevate mortgage delinquencies to a three-year peak.
Industry experts recommend closely tracking emerging trends, highlighting that borrower payment delinquencies remain low when compared to historical averages.
Mortgage organizations advocate for FHA’s extension of loss mitigation options.
FHA's proposed updates for permanent loss-mitigation aim to improve practices by incorporating insights gained from COVID-19's temporary policies for better borrower support.
RE/MAX aims to foster an environment for the success of new agents.
RE/MAX adapts to demographic shifts, enhancing its appeal to younger and newer agents by fostering a supportive and dynamic work environment.
Housing Market Shows Positive Trends Despite Powell’s Recent Actions
Despite Fed Chair Jerome Powell's cautious stance, positive indicators in housing market data suggest potential growth opportunities for private lenders.