Greg Chan Appointed Chief Technology Officer at SERHANT.
Discover insights from Chan, a seasoned expert with 25 years in technology and financial services, previously at Microsoft and Amazon, focusing on private lending trends.
Appeal Hearing Challenges NAR Settlement, Creating Industry Uncertainty
Appeals to the NAR commission settlement may prompt fresh negotiations, potentially reshaping business practices across the real estate landscape for private lenders.
Agile Brokers and Agents Benefit from Mergers of Industry Giants like Compass and Anywhere
Independent agents can thrive against major brokerages by leveraging local knowledge, fostering referral networks, and developing a robust personal brand.
CFPB and DOJ Revoke 2023 Advisory on Immigration Status in Credit Decisions
New guidance from the CFPB and DOJ clarifies ECOA application and immigration status in credit policies, reducing compliance concerns for mortgage lenders.
Job Data Trends Indicate Continued Support for Lower Mortgage Rates
December's job growth decelerated to 50,000, maintaining mortgage rates around 6%. Trump's MBS strategy aids in achieving improved spread conditions for lenders.
The 2–4% Mortgage Barrier: Exploring Defeasance as a Solution
U.S. housing market faces inventory challenges as rate-locked homeowners hesitate to sell. Low mobility impacts transactions amid rising home values.
DOJ Launches Criminal Inquiry into the Federal Reserve and Jerome Powell
DOJ issues grand jury subpoenas to the Federal Reserve, intensifying Trump's efforts to influence Powell on interest rate decisions, raising concerns for lenders.
The effect of declining mortgage rates on housing inventory levels.
U.S. housing inventory growth slows to 9.99% year-over-year amidst rising mortgage rates near 6%, with significant price reductions of 34.7%.
Apartment Rents Increase by a Modest 0.1% in December
Apartment rents show a slight increase of 0.1%, marking a shift from the previous trend of stable or declining rents. Explore the implications for private lenders.
Mortgage Rates Fall Below 6% After Trump’s MBS Announcement
Mortgage rates dip under 6% as spreads tighten, influenced by Trump's MBS directive and stable 10-year yields, presenting opportunities for private lenders.