Bank of Glen Burnie Completes Acquisition of VA Wholesale Mortgage
VAWM will function as a specialized division of The Bank of Glen Burnie, enhancing service offerings and operational efficiency in dedicated mortgage lending.
Achieve Completes $226 Million Home Equity Line of Credit Securitization
Achieve and Sutton Funding LLC, affiliated with Barclays Capital Inc., co-sponsored a recent deal, highlighting collaboration and investment growth in the private lending sector.
Florida Mortgage Professionals Advocate for Changes in Condo Guidelines
The Florida Association of Mortgage Professionals (FAMP) confronts housing affordability issues, offering insights and strategies for private lenders in the market.
Mortgage Spreads Relieve Pressure on Rates Amid Rising Inflation Concerns
Inflation data showed modest trends recently, yet mortgage rates stay near historic lows for 2025, influenced by current mortgage spreads.
The Future of Social Security at Its 90th Anniversary: What to Expect
Explore how upcoming reductions in benefits and recent policy changes may impact the stability and viability of lending programs for private lenders.
Lenders encouraged to establish AI compliance foundations promptly.
Colorado's AI Act aims to oversee AI system development and usage, emphasizing regulations for high-risk classifications to ensure ethical practices in the sector.
Redfin Reports Decline in Multifamily Housing Permits Since Pandemic Peak
Developers are securing an average of 12.8 permits for multi-unit buildings per 10,000 people, indicating a robust trend in multifamily construction.
Hurricane season begins as homeowners face rising insurance costs.
Homeowners' loss ratios are on the rise, increasing from 75% in 2021 to 85% in 2023, highlighting growing risks for private lenders in the mortgage market.
Kevin Ryan of Better expands role at Houlihan Lokey during executive reshuffle.
Several senior executives from Better's control and finance teams have departed or secured new positions amidst the company's ongoing financial challenges.
Diane Yu Discusses AI’s Influence on Mortgage Industry Employment
Diane Yu encourages mortgage professionals to embrace a "mindset of abundance" in the face of potential AI-related job losses, emphasizing innovation and resilience.