FHA Loans Contribute to Rising Mortgage Delinquency Rates
FHA loans are driving the rise in mortgage delinquencies, influenced by economic factors like a weaker labor market and rising costs for borrowers.
NAR President Kevin Sears Discusses Building Trust Among Members
Sears expressed gratitude to NAR members for their trust and emphasized the association’s significant turnaround in his farewell address at the NAR NXT conference.
NAR Prioritizes Increasing Inventory Over 50-Year Mortgages
The NAR emphasizes the need for housing supply and tax reforms while recognizing the importance of affordability in long-term mortgage strategies for private lenders.
AI’s Entry Marks a Turning Point, but Adoption Will Determine Its Impact
Explore the mortgage industry's technological challenges and the potential impact of AI advancements, highlighting key reasons why current changes may stand out.
New Jersey Lawmaker Proposes Statewide Alerts for Property Title Fraud
New Jersey's proposed property title fraud alerts aim to protect homeowners and private lenders alike from potential fraud risks and enhance industry security.
Foreclosure Activity Increases Year-Over-Year for Eighth Consecutive Month
Lenders see a significant rise in foreclosure activity, with 3,872 properties repossessed last month, reflecting ongoing market trends. Continue reading for insights.
Lena Horne’s Former NYC Residence Now Listed at $1.2 Million
Discover the unique features of a Tudor-style home in Queens, featuring six bedrooms and rich historical significance, now available at $1.2 million.
Slight Increase in Nationwide Median Home Prices Observed in October
New listings increased 10.1% year-over-year, indicating strong market activity, with the highest October listing volume since 2021. Explore the implications for private lenders.
Wolf Valley Homes Introduces Initiative to Support Veteran Homeownership
**Homeownership assistance for veterans is increasingly vital as many face difficulties finding suitable housing that meets their needs and financial constraints.**
Fannie Mae Executives Dismissed Following Mortgage Fraud Investigation
Fannie Mae's ethics team faces scrutiny as dismissals follow an investigation into FHFA Director Bill Pulte's alleged improper access to mortgage records.