BSI Financial’s Allen Price Discusses MSR Strategies and Home Equity Investments
Private lenders should note that MSR pools focused on lower-rate notes reduce customer retention concerns, explains Allen Price, SVP of Sales and Client Management.
Real Estate Agents Maintain Commission Structure, According to Mystery Shopper Report
Consumer Policy Center's "mystery shopper" interviews reveal consistent commission rates across lenders, highlighting a reluctance to engage in negotiations.
Broker Working Group Seeks Clarity on NAR’s Financial Expenditures
Broker working group highlights delayed financial disclosures as a key issue, calling for structural reform to enhance trust within the lending community.
NEXA broadens lawsuit against ex-employee and includes additional defendants.
NEXA Lending intensifies legal action against ex-employees, claiming trade secret theft and breach of contract, potentially impacting industry practices.
Compass alleges collusion between Redfin and Zillow prior to hearing.
Zillow's recent communication highlights its perceived monopoly in the real estate market, raising concerns for private lenders about competitive practices and market dynamics.
Sage Home Loans Collaborates with Robinhood for Unique Rate Offer
Robinhood Gold subscribers gain access to mortgage rates 0.75% below the national average, plus a $500 credit toward closing costs. Explore the benefits.
AI Developments, Significant Earnings, and Policy Changes in the Industry
Private lenders should note the record Q3s for ICE and Real, PartnerOne’s acquisition of Mortgage Cadence, and AI's transformative impact on real estate processes.
Mortgage Spreads Reach Record Lows, Maintaining Rates Around 6%
Improved mortgage spreads are driving rates closer to 6%, contributing to greater stability in the housing market and benefitting private lenders.
Enhancing Efficiency in Home Equity Turnaround Times
Homeowners are leveraging substantial equity, with 48 million mortgage holders averaging $213,000 in tappable value, presenting unique opportunities for private lenders.
Tony Kottenbrock discusses the expansion of non-QM in wholesale lending.
Newrez aims to enhance growth by concentrating on closed-end second mortgages and utilizing broker expertise to address emerging market needs.