Mortgage Refinancing Activity Declines Due to Elevated Interest Rates
Total rate-lock volume dropped by 5.87% in May, primarily due to a decline in refinancing activities, highlighting current market trends for private lenders.
Shant Banosian Reflects on His First 100 Days as Rate’s President
Banosian reflects on his initial 100 days as Rate's president at The Gathering event, discussing strategies and insights shaping the future of private lending.
Optimal Blue Launches Automated Refinance Tool Amid Increased Rate Lock Activity
Discover Capture for Originators, a new product integrated with Optimal Blue’s PPE, enhancing efficiency and performance for private lenders.
California Broker Files Lawsuit Against NAR Over Alleged Anticompetitive Dues
A California real estate broker is challenging NAR's policy requiring brokers to cover dues for non-member agents, raising significant industry implications.
Canadian Brokerage RARE Expands into the U.S. Market After TV Feature
A rising brokerage captures interest, highlighted on the Amazon reality series “Luxe Listings Toronto,” showcasing its impact on the competitive real estate market.
CrossCountry Mortgage to Pay $2.1 Million in Age Discrimination Settlement
"An ex-accountant claims wrongful termination after being pressured to hand over vital duties to younger, better-compensated staff members."
Record Disparity Emerges Between Home Sellers and Buyers in Housing Market
Market dynamics reveal a significant shift, with sellers now outnumbering buyers by 6.5%, indicating changing trends in the housing landscape for private lenders.
Fannie Mae Reports Peak in Consumer Sentiment for Housing Market
The index shows recovery from an all-time low of 56.7, though still below pre-pandemic levels, signaling potential shifts in lending dynamics for private lenders.
Rocket’s Strategic Interest in Redfin and Mr. Cooper Explored
CEOs Varun Krishna, Jay Bray, and Glenn Kelman discuss pivotal deal-making strategies and insights into current market trends at HousingWire's The Gathering.
Innovative ChatGPT Applications for Real Estate in 2025 with Prompts
Discover innovative ways to leverage ChatGPT in the real estate sector, enhancing productivity for private lenders and streamlining client interactions.