Trump Suggests 50-Year Mortgage to Enhance Housing Affordability
Trump advocates for 50-year mortgages to ease monthly payments, though extended terms may hinder equity growth and are not permitted under Dodd-Frank regulations.
Zillow sued for alleged illegal kickbacks in the mortgage industry.
Zillow faces a lawsuit for allegedly using illegal kickbacks to direct buyers toward Zillow Home Loans, raising concerns over RESPA and consumer protection compliance.
Stewart purchases MCS’s mortgage services division for $330 million.
Stewart Information Services Corp. agrees to acquire Mortgage Contracting Services' mortgage services for $330 million, enhancing its property preservation offerings.
Real Estate Market Highlights and Lowlights for the Week of November 3-7
Explore key developments in the housing market, including the decline in first-time buyers and the FHFA inspector general's dismissal. Essential insights for private lenders.
Former CFO and Real resolve wrongful termination lawsuit.
Michelle Ressler and The Real Brokerage have reached a settlement in her wrongful termination lawsuit, highlighting key issues in workplace accountability within the industry.
Charleston Mansion Sale Achieves Record High of $21.5 Million
Discover the unprecedented sale of a Charleston mansion, featuring four structures and over 15,700 square feet, setting a new city record in real estate.
Record-Breaking $37.5 Million Residential Sale in Martha’s Vineyard
Discover how a $37.5 million sale of a luxurious estate in Martha's Vineyard sets a new standard in the high-end residential market, influencing lending trends.
NFM Lending Expands Operations Through Acquisition of Homespire Mortgage
Two Maryland retail mortgage lenders announce a merger, with NFM Lending set to acquire Homespire Mortgage, expanding their market reach and capabilities.
Apartment Rents Experience Unprecedented October Decline in Over 15 Years
Discover insights on the recent slowdown in annual rent growth, highlighting trends that could impact private lenders and the rental market landscape.
Opendoor Reassesses Strategy with New CEO Transitioning to Founder’s Role
Opendoor's CEO Kaz Nejatian plans to enhance the home buying experience through accelerated processes and AI integration, signaling a shift in the market.