Median Sale Price of Luxury Homes Hits $1.31 Million
Active luxury home listings rose 5.6% year-over-year in December, indicating a slowdown in market growth as median sale prices reach $1.31 million.
The Essential Shield: Protecting Lender Rights with Well-Defined Mortgage Notices
The Unseen Value: How Well-Defined Notices Protect Lender Rights The Unseen Value: How Well-Defined Notices Protect Lender Rights In the dynamic world of private mortgage servicing, where relationships are built on trust and significant investments are at stake, it’s easy to focus on the [...]
Hard Money Lender Cuts Reporting Errors by 80% with Automated Servicing
A mid-size hard money lender eliminated 80% of reporting errors by transitioning to NSC's automated private mortgage note servicing platform — restoring investor confidence, tightening compliance, and freeing operations staff to focus on origination.
Supreme Court Resolves Emigrant Bank’s 15-Year Dispute Over Jury Award
A $722,000 jury award for reverse redlining remains upheld after the Supreme Court rejects Emigrant Bank's appeal in a significant NYC mortgage case.
NAVICA and Restb.ai Collaborate on AI-Enhanced MLS Listings
Discover how Restb.ai's solutions enhance NAVICA's listings, enabling private lenders to automate processes seamlessly without the need for additional tools or vendors.
PennyMac faces scrutiny following a 33% decline in stock value after earnings.
PennyMac's Q4 earnings fell short of expectations, leading to a 33% decline in stock value and the launch of a shareholder rights investigation.
Hosting a Virtual Open House in the Current Real Estate Market
Optimize your listings to attract more buyers and enhance social media marketing, while providing sellers with increased convenience and exposure.
Longbridge Introduces AI Voice Agents for Reverse Mortgage Services
Longbridge Financial enhances reverse mortgage servicing with AI voice agents, offering round-the-clock support and improving borrower engagement and efficiency.
Union Home Mortgage Appoints New VP for Manufactured and New Construction Lending
George Dover, ex-president of Cascade Financial Services, steps in as VP at UHM to enhance C2P initiatives and drive growth in manufactured housing lending.
FHFA Advances New Credit Model Amid Resistance from GSEs, Says Housing Policy Council
The HPC found that the FHFA mandated Fannie and Freddie to endorse VantageScore 4.0, highlighting tensions in credit scoring methodology amidst regulatory changes.