HUD Proposes Removal of Green Housing Requirement
HUD's Secretary Scott Turner emphasizes the commitment to affordable housing, proposing the elimination of the green housing mandate. Discover the implications for lenders.
Los Angeles Estate Sells for $110 Million, Marking May’s Highest Sale
Explore the record-breaking $285 million mansion in Manalapan, Florida, and its impact on luxury real estate trends for private lenders.
Current Mortgage Rates Stifle US Housing Construction Activity
Homebuilders face narrowing profit margins, raising concerns for housing construction outlook if elevated mortgage rates persist, impacting private lenders' strategies.
Beeline Title Achieves Significant Milestone in Crypto Real Estate Transaction
A landmark deal merges decentralized finance with traditional title and escrow services, signaling a transformative shift in the private lending landscape.
New Home Sales Experience a 13.7% Decline
Median sales price of new homes increased to $426,600, signaling potential shifts in market dynamics despite a decline in overall new home sales.
Buyers Increasing Leverage Amid Slowing Real Estate Market, Survey Reveals
Most agents maintain an optimistic outlook for their local markets over the next year, despite a decline in overall sentiment since April.
The Growing Influence of Pets in the Real Estate Market
Explore the growing trend of pet ownership in the U.S., revealing insights for private lenders on the potential impact on housing and financial services markets.
First American Title’s Co-President Leaves Company Unexpectedly
First American Financial Corp. has confirmed Kevin Wall's departure, though the reasons behind the change remain undisclosed, raising questions in the industry.
Mortgage Applications Increase by 1.1% as Rates Stabilize
Mortgage applications rose by 1.1% last week, indicating a shift in market dynamics. Explore insights from the latest Mortgage Bankers Association report.
Reasons Lenders Prefer Judicial Foreclosures Over Other Options
"Explore the benefits of judicial foreclosures versus non-court options, highlighting legal advantages crucial for private lenders in maximizing recovery outcomes."