Boomer Foster Establishes Paul Wesley Real Estate Brokerage
Private lenders should note that Boomer Foster has launched Paul Wesley Real Estate, achieving nearly $250M in production in VA, MD, and DC with around 30 agents.
Mortgage Rates Approach 6.8% Amid Increasing Fed Rate Hike Expectations
Recent shifts in sentiment reveal growing expectations for a rate hike this year, impacting private lenders and the broader housing market landscape.
Builders Anticipated Undersupply; Demand Now Influences Market Dynamics
Fragmented supply and rising demand shape the housing landscape. Insights from the latest report reveal ongoing challenges for private lenders in a shifting market.
Investor Participation in Home Buying Remains Consistent
Investor activity in home purchases remains stable, with a slight year-over-year increase. Discover insights into this trend's implications for private lenders.
Rocket Pro Enhances ARIVE Partnership to Support Broker Selection Strategy
Rocket Pro's integration with ARIVE allows private lenders to submit loans directly and receive real-time status updates, streamlining the lending process.
Zillow Launches Customized Homebuying Platform for Users
Zillow's Summer Launch introduces a guided buyer hub, Verified Pre-approval, and shared collection features, enhancing the home search-to-close process for users.
NAR Issues Subpoena to American Real Estate Association in Clear Cooperation Case
NAR has subpoenaed ARA for documents related to ThePLS.com, CCP, and the NAR Accountability Project, indicating potential regulatory scrutiny in the industry.
Realtor.com Reports Stability in Investor Home Purchase Activity
Investor activity in the U.S. housing market remained strong despite a significant decline in overall home sales, highlighting unique opportunities for private lenders.
Private Lending Due Diligence: The Role of Entity and Title Reviews in Loan Protection
Title: Key Considerations for Private Lenders During Due Diligence Meta Description: Effective due diligence is crucial for private lenders to avoid costly mistakes. Verify borrower authority and property ownership to ensure sound lending decisions.
The Role of Entity and Title Reviews in Private Lending Due Diligence
Proper due diligence is crucial for private lenders. Key oversights in verifying borrower authority, property ownership, and existing claims can lead to costly mistakes.