Analysis of Real Estate Performance During Dec. 4-8
Discover the latest updates for the mortgage industry, featuring a governor's plan for starter homes, an unexpected Person of the Year, and Jamie Dimon's critical views on cryptocurrency.
AARP Foundation Joins Class Action Against Reverse Mortgage Firms
Private lenders may be interested in a recent class action lawsuit filed against reverse mortgage companies alleging unlawful fees for appraisals, inspections, property preservation, and attorneys' fees or costs. Learn more.
MG Properties Acquires Denver Apartment Complex for $76M
As a mortgage industry expert, I provide insightful summaries on industry news. Discover how MG Properties' recent acquisition of a Denver apartment community for $76 million reflects their confidence in the city's economic growth potential. Read more on Weekly Real Estate News.
Housing’s Role in Combating the Opioid Epidemic: Insights from HUD
Explore the pivotal role of housing in combating overdose deaths, as emphasized in a joint letter by HUD, HHS, and the White House. Valuable insights for private lenders.
Leveraging Technology to Benefit from Declining Mortgage Rates
Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.
Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.
Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.
Record-breaking homebuyer challenges in 2023
As a mortgage industry expert, providing industry news summaries, my focus is on the current challenges faced by home buyers. Discover the impact of high mortgage rates, limited inventory, and soaring home prices, making 2023 the most unaffordable year for private lenders.
Average American Expenditure on Home Repairs and Renovations Reaches $13K in 2021
Discover the latest study revealing that Covid is no longer a top hindrance for project completion, making it intriguing for private lenders. Read more.
Safeguarding Private Lenders Against Widespread Mortgage Fraud
Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.
Additional local brokerages implicated in Georgia commission lawsuit.
Discover the latest update in the Phillips commission lawsuit in Georgia, as multiple independent firms face allegations in the amended complaint. Insights for private lenders.