NYCB agrees to sell $5 billion in mortgage warehouse loans to JPMorgan Chase
New York Community Bancorp, parent of Flagstar Bank, is selling $5 billion in warehouse mortgages to JPMorgan Chase for improved capital and liquidity.
The Mortgage Rate Lock-in Origins Explained
Learn about the current state of the mortgage industry and how the lock-in for homeowners began in 2014, impacting private lenders.
Mortgage applications increase modestly as rates drop for consecutive week
Stay informed on recent trends in the mortgage industry as demand rises and interest rates fall, impacting private lenders.
Inflation decreases for the first time in three months
Stay informed on the latest trends in consumer pricing. Learn why the shelter component of CPI rose to 5.5% in April. Valuable insights for private lenders.
Ways Builders Can Help Baby Boomers Transition to Next Life Stage
Discover the appeal of age-restricted communities with amenities designed for social connections and simple living. Builders cater to Boomers' evolving lifestyle preferences.
Survey shows majority of new homeowners regret their purchases
Stay informed on the latest challenges facing recent and future homebuyers with insights from Clever Real Estate's industry news summaries.
GOP senator criticizes Biden’s housing policies
Mortgage industry expert discusses Sen. Marco Rubio's criticism of HUD housing policies supported by the Biden administration. For private lenders seeking insight.
Compass expands its reach with the acquisition of Tennessee-based brokerage Parks Real Estate.
Explore how Parks Real Estate, with 1,500 agents, attracts over $6.25 billion in transactions. Compass adds this Tennessee brokerage to their network.
Increased loan volume by 25% but remained unprofitable in the first quarter
Gain valuable insights into the financial performance of Better, with a focus on their recent net loss of $51.5 million in the first quarter of the year.
Santa Monica Emerges as Surprising Haven for First-Time Homebuyers
Stay up to date on Santa Monica's competitive real estate market, where first-time buyers are finding creative financing solutions with family support.