House Proposes Legislation to Decrease Mortgage Insurance Premiums
Trade groups such as the Mortgage Bankers Association may soon see progress in their efforts to address mortgage insurance premiums, potentially easing financial burdens.
Proposed Legislation Aims to Realign Federal Home Loan Banks with Housing Finance
Proposed legislation mandates FHLBanks to allocate 30% of net earnings to affordable housing initiatives, reinforcing support for housing finance.
Mortgage Rates Decline Amid Stabilizing Market Conditions
Fears of the 10-year yield reaching 5% and pushing mortgage rates to 8% heightened over the weekend, but the anticipated rise did not materialize.
Travis Kelce Denies Rumor About Purchasing Mansion for Youth Center
Travis Kelce addresses misleading claims regarding his alleged purchase of a mansion for a homeless youth center, clarifying his community involvement.
360training.com Completes Acquisition of My Mortgage Trainer
360training.com has acquired My Mortgage Trainer, enhancing its regulatory training and compliance offerings for mortgage professionals while ensuring continued access to vital educational resources.
Survey Finds Majority of Homeowners Believe It’s a Good Time to Sell
Explore the insights from a recent survey revealing that 81% of respondents expect to receive their asking price, highlighting a potential opportunity for private lenders.
Lofty introduces automated marketing solution for agents.
Lofty launches Lofty Bloom, an automated marketing solution designed to help real estate professionals target specific ZIP codes and enhance seller lead generation.
Pennsylvania Real Estate Commission Exonerated in Antitrust Lawsuit
Former PAR President W. Preston Moore has a deadline to amend his lawsuit against NAR and PAR, potentially impacting private lenders and industry standards.
SoftBank subsidiary aids in retiring $530 million in debt.
Better Home & Finance has restructured $534 million of debt with SB Northstar, strengthening its financial position as a digital mortgage lender.
Lender Employees Transition to Luminate Amid Mortgage Fraud Allegations
Two firms have announced a strategic partnership involving employee transfers, clarifying that no loans or assets are being exchanged in this arrangement.