Figure’s Marketplace Sees $2.5 Billion Volume Surge in Third Quarter
Figure Technology Solutions reported a significant milestone, achieving $2.5 billion in consumer loan marketplace volume, indicating robust growth in the private lending sector.
Figure Technology Solutions reported a significant milestone, achieving $2.5 billion in consumer loan marketplace volume, indicating robust growth in the private lending sector.
Deed in lieu and short sale workouts resolve seller carryback defaults faster than foreclosure. Learn the 7 critical factors every private lender must understand before choosing either strategy.
Introducing a program designed to enhance lead management and foster closer collaboration among Fathom’s divisions, including mortgage and title services.
Professional servicing makes seller-financed notes cleaner, faster to sell, and worth more at closing. Here are 9 ways it changes exit outcomes.
Millennials lead the way in considering half-century loans, with 54% open to the option, while interest diminishes with increasing age demographics.
Gain insights on managing growth, risk, and data-driven decisions in the housing market from expert Joseph Panebianco, tailored for private lenders.
AI is transforming home searches, with 66% of buyers utilizing it for research. Private lenders must adapt to stay competitive in this evolving market.
Hard money loans carry costs well beyond the stated interest rate. Origination points, prepayment penalties, default step-ups, compliance obligations, escrow shortfalls, foreclosure exposure, and servicing friction each extract margin that never appears in the initial rate quote — and compound when unmanaged.
FHA loans are driving the rise in mortgage delinquencies, influenced by economic factors like a weaker labor market and rising costs for borrowers.
Sears expressed gratitude to NAR members for their trust and emphasized the association’s significant turnaround in his farewell address at the NAR NXT conference.