Opendoor agrees to pay $39 million to resolve pricing algorithm lawsuit.
Investors have filed a lawsuit against Opendoor, alleging that the company misrepresented its pricing algorithm, potentially impacting private lenders' strategies.
Evaluating Home Prices for the Remainder of 2025
Home sales struggle during peak season show signs of improvement, creating potential opportunities for private lenders as market dynamics shift.
Report Indicates First Decline in Typical Down Payment Levels in Two Years
Down payment levels are declining as more buyers opt for FHA and VA loans, indicating a shift in financing trends. Explore the implications for lenders.
Virginia Homebuilders Collaborate on New Mortgage Lending Initiative
M2B Mortgage aims to enhance lending by offering a more personalized and efficient experience, appealing to private lenders seeking innovative partnerships.
Smaller Down Payments Driven by Increased Use of FHA and VA Loans
Home prices increased 1.4% year over year; however, the deceleration in growth is leading to decreased down payment amounts for buyers.
Low-Fee Brokerage Firms Offer Significant Savings for Sellers, According to CPC
Home sellers may save up to $10,000 in broker fees by opting for a discount or flat-fee broker, as highlighted by findings from the Consumer Policy Center.
Realtor.com Engages in the Clear Cooperation Discussion
CEO Damian Eales voiced support for NAR’s CCP while noting that his firm's agreements with MLSs restrict the possibility of banning listings.
Implications of Housing Inventory Trends for Homebuyers and Sellers
Understanding the impact of housing inventory on home prices is essential for private lenders, aiding buyers and sellers in making informed decisions.
The Importance of Including Seniors in Mortgage Industry Strategies
Dan Ventura of Fairway and Chris Mayer of Longbridge discuss strategies for effectively servicing the growing senior demographic in the mortgage industry.
A Comprehensive Guide to NMLS Renewal for Mortgage Loan Officers
Navigate the NMLS license renewal process effortlessly. This guide outlines essential steps, state-specific continuing education requirements, and deadlines for MLOs.