Florida Court Protects Unused Reverse Mortgage Credit from Garnishment
Appeals court decision protects undisbursed HECM line of credit funds from creditor garnishment under Florida's homestead exemption rules.
HomeServices of America introduces Maestro, an AI-driven system for agents.
HomeServices of America has unveiled Maestro, an AI-driven platform integrating CRM, marketing, and transaction tools to enhance agent workflows and efficiency.
GSEs Enter MBS Market, Yet Macro Forces Continue to Influence Mortgage Rates
Fannie Mae and Freddie Mac are taking a measured approach in the mortgage-backed securities market, influenced by broader geopolitical events, including the U.S.-Iran conflict.
Zillow Faces Over 53,000 Copyright Infringement Claims from CoStar
CoStar has amended its lawsuit against Zillow, claiming infringement of over 53,000 watermarked photos, impacting Zillow and its syndication partners.
Seller Choice: Understanding Exposure as a Strategic Approach
A Compass manager emphasizes that MLS exposure isn't always the best strategy for real estate transactions, cautioning that price reductions can diminish leverage for sellers.
7 Essential SOPs to Bulletproof Your Hard Money Lending Operations
Hard money lenders who operate without documented SOPs across their core servicing functions carry compounding operational risk. This framework covers the seven essential procedures — from loan onboarding and payment processing to regulatory compliance and borrower communication — that keep a private lending operation defensible at scale.
Lien Position: The Foundation for Secure Private Mortgage Investments and Robust Risk Management
Lien position determines the order creditors are paid from foreclosure proceeds — and directly shapes how much a private mortgage investor recovers in a default. Here is what every private lender and investor must understand about priority, protection, and proactive management.
Mortgage Rates Approach 7% Amid Escalating Conflict in Iran
Mortgage rates climbed to 6.62% amid escalating Iran conflict, impacting purchase applications, which declined by 5%, with overall growth slowing to 5%.
Proposed Six-Figure Limit Targets Social Security Trust Fund Insolvency
Proposed caps on retirement benefits could restrict couples to a maximum of $100,000 annually, impacting financial planning for private lenders.
GSEs Revise Condo Loan Guidelines: Beneficial or Detrimental Impact?
Fannie Mae and Freddie Mac update condo project rules, reducing some costs while implementing stricter reserve and review requirements for insurance.