Do private listings sell for lower prices than publicly marketed properties?
Private listings frequently involve double-ended transactions, leading to sales prices that are often lower than similar homes listed publicly.
Court Rules Berkshire Hathaway Energy and Crye-Leike Cannot Relocate Gibson Case
Two remaining defendants in the home seller commission lawsuit aim to relocate the Gibson case to their home states, impacting settlement strategies for private lenders.
ARIVE Forms New Partnership with Union Home Mortgage
Union Home Mortgage now offers approved brokers instant access to products and pricing on the ARIVE platform, enhancing efficiency and service delivery.
UWM Introduces AI-Driven Solutions Before Major Industry Event
United Wholesale Mortgage introduces six AI-driven tools tailored for independent mortgage brokers, enhancing efficiency and competitive advantage in lending.
Fathom remains positive about agent compensation despite increasing losses.
Fathom Holdings Inc. faces challenges in revitalizing its operations, with the CEO optimistic that a revised agent compensation model will drive improvement.
Annual Increase of 40% in FHA and VA Purchase Mortgage Demand
Government purchase mortgage applications increased nearly 5% this week, reflecting a significant annual rise of 40%, indicating stronger market momentum.
Slight Increase in Mortgage Delinquencies Observed in First Quarter
Foreclosure inventory rises across conventional, FHA, and VA loans, yet stress levels for borrowers remain historically low, indicating market stability.
FHA Highlights AI Development as It Archives Inactive Policy Documents
The agency has archived nearly 600 inactive policy documents, demonstrating the potential of AI tools in efficiently locating and extracting valuable information.
UWM Establishes Ambitious Production Target for 2028
UWM's recent growth highlights a significant 28% year-over-year increase, surpassing $137.8 billion in originations, emphasizing opportunities in the wholesale lending sector.
MBA Calls for Mortgage Rule Revisions in Letter to OMB
Explore recent regulatory updates affecting loan servicing, RESPA compliance, and loan officer compensation, vital for private lenders to navigate the evolving landscape.