San Francisco mayor declares rent emergency to address high housing costs.
San Francisco rent emergency displaces residents, elevating private housing credit demand while reshaping borrower risk profiles and short-term loan needs.
Maine home sales fell 10% while prices rose.
Maine market: fewer sales, but rising prices and motivated sellers; shifting inventory dynamics signal selective lending opportunities for private lenders.
Mid-Atlantic Home Sales Slow as Active Listings Increase.
Mid-Atlantic sales slow as active listings rise; Bright MLS economist flags affordability strains. Private lenders assess pricing, underwriting, inventory.
Phil Hall asked ChatGPT to forecast the housing market.
AI-generated housing outlook offers scenario forecasts and risk signals relevant to private lenders assessing market cycles, liquidity and valuation shifts
FHFA’s Pulte says VantageScore is open to all GSE lenders.
FHFA approves VantageScore for GSE lenders; private lenders should assess model adoption, data coverage, pricing and impact on credit risk and originations.
Can your current business model scale profitably?
New Mortgage Bankers Association data expose a pronounced cost dispersion across lenders, with a roughly $6,350 per-loan gap between top and bottom cost quintiles. That spread highlights stark differences in operating efficiency and product/channel economics that directly affect net margins. The variance likely reflects [...]
A proposal for a 349-home development at a historic Virginia plantation.
Private lenders: 52-home by-right cap on ag-zoned plantation prompts financing considerations—land use, density, entitlements, and exit strategy. Insights.
Sotheby’s moves ONE and TTR into its company-owned brokerage.
RealTrends Verified reports ONE $6.85B and TTR $5.71B in transaction volume, underscoring scale and deal-flow metrics relevant to private lenders. Insights
Berkshire Residential Investments acquires full ownership of MF1.
Berkshire Residential Investments takes full ownership of MF1, expanding multifamily lending capabilities and strategic capital access for private lenders.
FHA requires new users to submit a selfie to access FHA Connection.
Private lenders: FHA Connection access now requires PII, government ID and a selfie for biometric identity checks—implications for underwriting and compliance.