First Federal Bank Purchases Fidelity Bank’s Mortgage Division
First Federal Bank has acquired the mortgage assets of Fidelity Bank’s NOLA Lending Group, enhancing its retail presence in Louisiana, Florida, and Mississippi.
Challenges in Title Insurance Risk from Distressed Assets and AI Fraud
Explore how the shifting real estate cycle, increased fraud, and expedited transaction timelines are transforming underwriter assessments of defects and risk exposure.
Buyer Broker Agreements Highlight Vulnerabilities in Consumer Trust
New buyer broker agreement rules emphasize trust and transparency, as buyers seek clearer terms and greater flexibility in real estate transactions.
Homeowner Data Questions Validity of Mortgage Rate Lockdown Theory
New data reveals a shift in homeowner mortgage rates, with more now above 6% compared to those below 3%, challenging previous assumptions about rate lockdowns.
Mamdani Prioritizes Housing on His First Day as NYC Mayor
Mamdani's focus on housing highlights new opportunities for private lenders in NYC's evolving market landscape, addressing challenges from past leadership.
NRMLA Supports New Jersey Legislation on Reverse Mortgage Regulations
Current reverse mortgage statutes fail to reflect the actual use and structure as identified by NRMLA, impacting older homeowners seeking clarity.
Analysis of Key Developments in Real Estate for the Recent Week
"Explore recent trends in pending home sales, insights from the HUD Secretary, and Warren Buffett's recent decisions impacting the mortgage sector."
Maryland Property Tax Assessments Expected to Rise by 12.7% on Average
Expect significant property value hikes across all 23 counties and Baltimore City, impacting tax assessments and lending landscapes. Read more for insights.
HUD Revises Regulations for the FHA Appraiser Roster
HUD is reinforcing the link between appraisers' state licenses and their eligibility for FHA assignments, aiming for enhanced oversight and compliance.
Reasons Buyers Often Choose the First Agent They Encounter
Online research significantly influences buyer decisions, with a third citing it as crucial in agent selection. Repeat buyers now dominate the housing market.