Homebuilder Decisions Explained Through Yellow Pad Calculations
Discover how differing regional approaches to construction financing can impact private lenders. Understanding the math is key to successful investment strategies.
Summit Funding to Reduce Workforce in Light of CCM Agreement
Summit Funding is laying off back-office employees, who could potentially receive job offers from CrossCountry Mortgage amid a pending merger.
Increased Demand for Down Payment Assistance Among Buyers Reported by HomeLight
HomeLight's recent survey reveals that a significant 33% of borrowers are inquiring about down payment assistance, while 45% are interested in zero-down mortgage options.
UWM introduces mortgage payment rewards through the Bilt platform.
UWM introduces Built-In Rewards, allowing borrowers to earn points through Bilt for timely digital payments as part of their new in-house servicing model.
The Role of Mentorship in Developing Strong Loan Officers
Evaluate growth in recruiting versus development in the mortgage industry. Focus on long-term strategies to navigate complex files and meet client expectations.
HighTechLending and Better Collaborate to Enhance EquitySelect HELOC Offering
Better's NEO Home Loans introduces HighTechLending's EquitySelect HELOC, aimed at high-credit borrowers navigating debt-to-income limitations.
Mortgage Applications Decline 10.5% with Rise in 30-Year Fixed Rates
Weekly survey findings indicate a 10.5% drop in mortgage applications, with the 30-year fixed rate rising to 6.43%, highlighting market shifts for private lenders.
Redevelopment of New Mexico State Fairgrounds to Include Housing and Stadium
Explore the redevelopment plans for the New Mexico State Fair site, focusing on housing and stadium needs, and the implications for private landowners.
The Relevance of Modular Construction in High-Cost Custom Markets
Plant Prefab’s modular and panelized construction methods significantly reduce build time by 25-50% and cut waste by approximately 40% per square foot.
Paul Anka Relaunches LA-Area Estate on the Market for $8.9 Million
Discover a prime listing within Sherwood Country Club: Paul Anka’s estate spans 5.75 acres and is priced at $8.9 million. Explore this exceptional opportunity.