REMAX expands with acquisition of 300-agent brokerage in Rhode Island.
The firm achieved over $710 million in annual volume, highlighting its strong performance in the mortgage industry, as noted in the latest RealTrends Verified rankings.
Colorado Considers Minimum Home Lot Sizes to Address Housing Challenges
Colorado lawmakers are revising zoning rules to tackle housing affordability by allowing single-family homes on smaller lots, aiming to enhance accessibility in suburban areas.
DiSpirito Team Recognized with Prestigious Awards at Engel & Völkers
"Discover insights from Rhode Island's top real estate team, recognized for exceptional unit sales performance, driving value for private lenders in the market."
Unison’s Home Equity Investment Encounters New Legal Challenge in California
A class-action lawsuit claims Unison HEI contracts function as hidden reverse mortgages, highlighting a payout increase from $97,256 to nearly $375,000.
Longbridge and Mutual of Omaha Seek Dismissal of Reverse Mortgage Lawsuit.
Longbridge Financial and Mutual of Omaha Mortgage seek dismissal of a lawsuit concerning alleged improper advertising practices, aiming to resolve ongoing legal disputes.
Interest Reserves Under Pressure: Navigating Rising Construction Costs in Private Mortgage Servicing
Rising construction costs are eroding interest reserves on private mortgage notes faster than original projections account for. Learn how private lenders structure reserves to absorb cost volatility, identify early warning signs of depletion, and manage existing notes before a shortfall becomes a default.
Subordination Agreements: Your Note Buyer’s Guide to Lien Priority Protection
A subordination agreement changes lien priority on a property by contract, not by recording date. Here is what every private mortgage note buyer must find before closing and why lien position determines your recovery in foreclosure.
The Myth of the “One-Size-Fits-All” SOP for Private Loan Types
A generic SOP applied across every private mortgage loan type creates compliance gaps and operational liability. Here is what loan-type-specific procedures actually need to cover.
Radian concludes mortgage conduit operations following sale discussions.
Radian is discontinuing its mortgage conduit operations after an unsuccessful divestiture process, while seeking strategic options for its title and real estate services.
Mortgage Applications Rise 3.2% During Period of Market Volatility
Mortgage applications rose 3.2%, with the purchase index increasing by 7.8%. Meanwhile, the 30-year fixed rate climbed to 6.19%, impacting lending strategies.