Lenders’ strategies for adapting to evolving AI regulations
Mortgage lenders are under increased scrutiny regarding AI usage. Discover three key steps to ensure responsible governance and minimize compliance risks.
January Sees an 8.4% Decline in Existing Home Sales
Median existing home prices have risen slightly, yet home sales are experiencing a notable decline. Explore the implications for private lenders and market dynamics.
Former NFL Player Puts Historic Connecticut Farmhouse on the Market for $8 Million
Explore the listing of a historic Connecticut farmhouse previously owned by former NFL quarterback Chris Simms, now on the market for $8 million.
Proposed Legislation to Permit Use of College Savings for Home Down Payments
A proposed bill aims to enable homebuyers to utilize unused college savings for down payments, potentially enhancing affordability and market access.
New Jersey’s Average Property Tax Bill Reaches a Record High of $10,570
New Jersey's property tax landscape shows only 21 towns with stable or declining bills, highlighting growing financial pressures for homeowners.
Annual Increase in Foreclosure Activity Continues for Eleventh Consecutive Month
Foreclosure filings are increasing, with one in every 3,547 housing units affected. Discover the implications for private lenders in the current market landscape.
Senior Home Equity Surges While Trump Opposes Price Reductions
Housing wealth for homeowners aged 62 and older rose 1.9% to a historic $14.66 trillion, highlighting growth in the senior housing market and potential lending opportunities.
Consumer group files lawsuit against Unison over misleading home equity claims.
Unison, a prominent home equity investment provider, is being sued by the National Association of Consumer Advocates for allegedly misleading marketing practices.
New Rezzie Marketplace Introduces Off-Market Investment Properties
Rezzie bridges the gap between investors and wholesalers, providing analytics and buy box tools to facilitate targeted deal matching for off-market properties.
Slight Improvement in Homeowner Affordability Observed in California
California's homeowner affordability sees a slight uptick, with 28% of households now able to afford a typical condo/townhome, indicating improving market conditions.