Title Agents in Michigan Suspended for Alleged Mismanagement of Escrow Funds
Officials indicate that agents present an "imminent threat of harm" due to issues of incompetence, untrustworthiness, and diversion of insurance funds.
Federal Land Development Will Not Address Fundamental Housing Shortages
Explore the complexities of federal land ownership and its impact on the ongoing housing shortage. Learn why unlocking this land won't resolve the crisis.
HomeStreet Plans Sale of $794 Million in Ginnie Mae Mortgage Servicing Rights
HomeStreet Bank is divesting its $794 million Ginnie Mae loan servicing portfolio to an undisclosed seasoned buyer, enhancing market dynamics for private lenders.
NAF Initiates Major Marketing Campaign Worth Millions
Discover the "Hell Yeah You’re Buying a Home" campaign aimed at energizing and empowering the next generation of first-time homebuyers to take action.
Pennsylvania’s Median Home Sales Price Reaches Record Level
Market listings have surged to 41,600, up 9% from last year, indicating growing opportunities for private lenders to engage in competitive financing. Continue Reading Pennsylvania’s Median Home Sales Price Hits New High
The Ten Most Costly Home Sales in the U.S.
Discover the top 10 US home sales exceeding $30 million, highlighting trends and opportunities in the luxury real estate market for private lenders.
Bipartisan Efforts to Enhance Financing Options for ADUs
The SUPPLY Act enables homeowners to obtain federally backed, second-lien mortgages for financing accessory dwelling unit construction, enhancing housing options.
Final Offer Partners with LeadingRE as a Preferred Vendor
Final Offer equips listing agents with tools to communicate sellers' preferred terms and timelines effectively, enhancing buyer engagement and decision-making.
Mortgage Rates Rise as Federal Officials Consider Rate Cuts
The upcoming Federal Reserve meeting may influence private lenders, as discussions on potential rate cuts could impact borrowing costs and market dynamics.
Rithm Partners with Investor to Acquire Up to $1.5 Billion in Loans
Rithm Capital, parent of Newrez, has announced a new agreement with an undisclosed institutional investor, expanding its investment strategy in the mortgage market.