RiskSpan Unveils Credit Risk Model Designed for Non-QM Loans
RiskSpan has released Credit Model 7.1, trained on $87B UPB for non-QM loans, as Q3 issuance surged 97% to $20.9B, enhancing risk assessment capabilities.
Advocacy Is Leadership, Not Just Background Noise.
Explore the proposed $100 million Southern California Rebuild Fund, designed to address wildfire rebuild financing gaps through stakeholder collaboration and input.
loanDepot seeks dismissal of West Capital Lending complaint in court
loanDepot argues that WCL lacks standing under TILA and demonstrates no lost customers, requesting dismissal with prejudice in federal court in California.
Anticipating the CFPB’s Future Actions Following Vought’s Departure
The CFPB awaits Brian Johnson's nomination amid expanding state enforcement, raising the need for clarity among private lenders navigating regulatory changes.
California Sees Increased Home Sales Amidst Declining Median Prices
California home sales show a rise, despite remaining below the 300,000 mark for 45 months, indicating potential opportunities for private lenders.
Sales Launch for New 128-Unit Condo Development at Jersey Shore
Explore a new 128-unit condo development at the Jersey Shore, with pricing starting at $760,000 for one-bedroom residences. Discover investment opportunities.
Foreclosure Activity Increased in the First Half of the Year
Foreclosure filings rise to 0.16% of housing units, highlighting market trends and potential opportunities for private lenders to assess risk and investment strategy.
Pending Home Sales Saw a Significant Decline in June
Pending home sales have experienced a month-over-month decline across all major regions, signaling potential shifts in the housing market dynamics.
Study Finds Minimum Wage Jobs Insufficient to Cover 1-Bedroom Apartment Rent
In major U.S. metros, four minimum wage workers often need to share a one-bedroom apartment to meet the 30% rent affordability guideline.
Analysis of Home Equity Products for Senior Homeowners by NatEquity
Explore NatEquity's comparison of HECMs, senior HELOCs, HEIs, and HouseMoney, detailing costs, terms, and risks for senior homeowners looking for financing options.