Housing demand remains strong, nearing negative year-over-year inventory
Despite potential negative year-over-year trends, current inventory levels indicate a significantly healthier market compared to the 2020-2023 period.
Erik Morin Discusses HECM Second Appraisals and AIM-Port Acquisition at Atlas VMS
HECM loans requiring second appraisals decreased to 8.3% in Q1, easing costs and timeline pressures for private lenders compared to the previous quarter.
HouseAmerica Financial Merges with All Western Mortgage
HouseAmerica Financial partners with All Western Mortgage, a $500M lender, to support AWM's expansion in California, targeting $3B funding goal.
House Approves Bill Increasing VA Mortgage Refinance Fees for Veterans’ Benefits
Bill passed to enhance veteran benefits, funded by increased fees on VA refinance transactions, impacting private lenders and the mortgage landscape.
Senate Recess Leaves Housing Bill Uncertain and Pending Decision
The Senate's recess leaves critical housing legislation uncertain, impacting private lenders and the broader mortgage landscape. Explore the implications further.
Highlights and Setbacks in Real Estate for the Week of May 18-22
Mortgage rates are increasing, impacting home sales in San Francisco. Barbara Corcoran also draws attention with her insights on the market. Continue Reading Hits and Misses for the Real Estate Week of May 18-22
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States Consider Loan Classification Amid Expanded HEI Regulations
State HEI legislation is evolving, with Maine establishing standards, Illinois updating licensing, and other states considering the classification of HEIs as loans.
Judge Directs MRED to Reinstate Zillow Listing Feeds in Chicago
Judge John Tharp Jr. reinstated Zillow’s access to MRED IDX and VOW feeds, impacting approximately 43,000 listings and reshaping market dynamics for private lenders.
Home Sales in Virginia Experience Significant Increase
Virginia's median home sales price rose to $439,945, reflecting a 3.5% year-over-year increase. Discover insights impacting private lenders in the market.
California MBA Supports $100 Million Fund for Wildfire Recovery Efforts
Proposed funding aims to enhance construction financing access for homeowners impacted by Southern California wildfires, addressing gaps between insurance and rebuilding costs.