LoanDepot Reports $202M Loss as Anthony Hsieh Returns to Leadership
Irvine-based mortgage lender loanDepot shows revenue growth and improved efficiency, yet faces challenges in sustaining profitability after recent financial losses.
United Real Estate Expands in South Florida Through Recent Merger
United Real Estate enhances its footprint in Florida through the merger of Charles Rutenberg Realty Fort Lauderdale with Real Estate Authority LLC, signaling growth.
Mortgage Applications Increase Amidst Ongoing Rate Decline
Mortgage applications rose 11.2% last week, driven by a 16% increase in refinances, signaling stronger buyer interest and market activity.
Inflation Declined, Yet Interest Rates Are Unlikely to Shift Significantly
CPI report indicates a 2.8% annual increase and a 0.3% monthly rise in prices, both lower than expectations, signaling potential trends for private lenders.
Zavvie Introduces HomeFAI, an AI-Driven Alternative Financing Solution
Zavvie enhances its portal for cash buyers, improving the Cash Buy Before Sell program, offering homeowners greater financial flexibility in their home purchases.
Gen Z remains enthusiastic about home buying but is growing fatigued.
Private lenders must adapt to borrower expectations for advanced technology during home purchases, as clients prioritize seamless digital experiences.
Luxury Real Estate Agent Becomes Victim of Listing Scam
"Identify key red flags before listing vacant land to avoid falling victim to scams. Protect your investment and ensure a successful sale process."
Wealthiest 1% of Americans May Afford 99% of Nation’s Homes
The top 1% of Americans hold 13.4% of US real estate, revealing significant investment trends and implications for private lenders. Explore the report for insights.
NYC Achieves Completion of Nearly 34,000 New Homes
Explore the implications of NYC's housing market as 15,626 new permits contrast with nearly 34,000 completions, highlighting growth opportunities for private lenders.
Tomo Mortgage Secures $20 Million in Series B Funding Round
Tomo Mortgage is relocating its HQ to New York City following a successful $20 million Series B funding round, signaling growth opportunities in the market.