Optimal Blue reports significant rise in purchase locks for March.
Optimal Blue reports a 13% increase in locks month-over-month, driven by a 38% surge in purchase volume, while the 30-year conforming fixed-rate index reached 6.35%.
Professional Servicing: The Essential Link for Crowdfunded Private Mortgages
Real Estate Crowdfunding: A Hybrid Approach to Capital Raising in Private Mortgage Servicing The landscape of real estate investment has been in constant flux, evolving from traditional, large-scale institutional funding to more democratized models. Among these innovations, real estate crowdfunding has emerged as a [...]
Seamless Borrower Insights: Integrating CRM & Underwriting in Private Mortgage Servicing
Integrating CRM Data with Underwriting Systems for Holistic Borrower Views in Private Mortgage Servicing In the intricate world of private mortgage servicing, success hinges on more than just managing payments and escrows; it demands a deep, nuanced understanding of each borrower. Traditionally, the information [...]
Cybercrime Targeting Seniors Is Increasing, Resulting in Significant Losses
Investment fraud, particularly involving cryptocurrency and fraudulent trading platforms, has significantly impacted seniors, leading to substantial financial losses.
NYC Ultra-Luxury Real Estate Market Grows During Global Instability
Broker insights reveal a growing trend of families relocating from Dubai, highlighting shifts in market dynamics post-COVID that private lenders should consider.
Texas Governor Abbott Unveils Proposal for Tax Relief Plan
Texas homeowners and renters face financial pressure as local budgets swell, prompting Governor Abbott to propose a tax relief plan to address affordability.
New York Moves to Regulate Private Listing Networks
New York's proposed bill seeks to mandate public listing marketing and regulate private listing networks, reflecting a growing trend among states to improve transparency.
Maine Home Sales and Median Sales Price Remain Unchanged Year-Over-Year
Sales in the Northeast dropped 12.2% year-over-year, while median sales prices rose 5.7% to $494,500, indicating a shifting market landscape.
WRS Inc. Launches $1.2 Billion Mixed-Use Development in the DC Area
WRS Inc. initiates a $1.2 billion mixed-use development in the DC area, focusing on essential infrastructure to support future growth and urban planning.
March Sees Decline in Existing Home Sales
Median existing home sales prices show a slight increase, signaling potential shifts in the market. Explore current trends affecting private lenders.