IMBs experienced an average loss of $2,109 per loan in the fourth quarter of 2023
Stay informed on the latest industry trends: IMBs saw a significant increase in average net losses per loan originated in Q4 2023.
Real Estate Recap: Highlights and Lowlights for the Week
Stay up to date with unexpected industry news in real estate. Top stories include settlements, resignations, and store closings. Read more here.
NAR settles lawsuits over commissions for $418 million
NAR reaches $418 million settlement and agrees to cease setting rules on agent commissions, impacting private lenders in the mortgage industry.
Michael Hutchins named interim CEO of Freddie Mac
Stay updated on the latest news in the mortgage industry with insights on Freddie Mac's leadership changes, including interim CEO Michael Hutchins.
Attom predicts increasing returns for single-family rental investments.
Stay informed on the latest industry news as rent prices surge ahead of home prices nationwide. Expert insights for private lenders.
Federal publication explores potential revisions to agent commission structure
Stay informed on the latest insights from Fed economists regarding agent compensation structures and their potential impact on home prices in the mortgage industry.
Lawsuit filed against HUD for failure to refund mortgage insurance premiums
Discover the latest industry news: Lawsuit claims HUD owed $385 million in refunds to over 755,000 borrowers across the US. Read more.
Blend narrows loss, aims for profitability soon
Blend Labs showed promising financial growth in 2023 by expanding their consumer banking presence and increasing their mortgage customer base.
Increased home insurance costs are impacting buyers, says Insurify
Learn why Florida has the highest average annual home insurance cost in the US at $9,213 and how it impacts private lenders in the industry.
Online Service Provides Real Estate Assistance for Couples Going Through Divorce
Learn about Hello Divorce's new HomeSplit service designed to assist individuals with dividing their home's financial assets. Ideal for private lenders.