Implications of New York Senate Bill S3177 for Lenders
New York Senate Bill S3177 aims to regulate commercial finance licensing, requiring licensing from the Superintendent of Financial Services for lenders.
FHFA Appoints New Board Member for Freddie Mac Alongside Other Changes
Leadership changes at the FHFA signal ongoing adjustments under Director Bill Pulte, impacting policies and dynamics in the private lending sector.
UWM extends 60 basis points pricing incentive for an additional period.
UWM extends the “60bps for 60 Days” program for private lenders, providing an opportunity for improved pricing and competitive advantages in the mortgage market.
A&D Mortgage Completes Acquisition of Mr. Cooper Wholesale Division
A&D Mortgage enhances its offerings by integrating various mortgage programs, including agency, government, and non-QM products for brokers and partners.
Compass Broker Faces Kickback Allegations in Whistleblower Lawsuit
A Compass broker is under scrutiny for alleged illegal kickbacks from a mortgage lender and attorney, raising concerns about compliance in referral practices.
Compass’s Recent Performance Sheds Light on the Future of Real Estate Brokerage
Compass demonstrated resilience in a challenging market, achieving a 26% revenue increase to $1.4 billion in Q4, with strong transaction growth amid low resale activity.
Rocket’s Homeownership Flywheel Becomes Increasingly Complex
Rocket's upcoming acquisition aims to streamline operations by integrating the largest servicer in the nation, enhancing efficiency for private lenders.
Gibson plaintiffs’ motion to intervene in eXp and Weichert settlements denied
Plaintiffs in the Gibson lawsuit are denied intervention in the eXp World Holdings and Weichert Realtors' settlement, impacting future legal strategies in real estate.
Nebraska City Provides $50,000 Down Payment Assistance to Draw Residents
Pawnee City’s $50,000 down payment program spurs interest, with 115 applications submitted, highlighting potential opportunities for private lenders.
Home price trends indicate ongoing weakening signals for the future.
Explore key trends shaping the spring housing market as a slowing economy raises concerns. Can lower mortgage rates alleviate consumer anxieties?