Mortgage Rates Decline to Multi-Year Lows Ahead of Spring Housing Market
Mortgage rates decline to 5.98%-5.99% as the 10-year yield drops below 4%, with spreads remaining stable, presenting opportunities for private lenders.
AD Mortgage Initiates Its Largest Non-QM Securitization to Date
AD Mortgage has launched its largest RMBS package, a $602.7 million non-QM deal backed by 1,793 fixed-rate loans, expanding opportunities for private lenders.
New Jersey reverse mortgage counseling bill may hinder senior home equity access.
NRMLA expresses opposition to a New Jersey proposal altering reverse mortgage counseling requirements, highlighting concerns for private lenders in the region.
Millrose Achieves Disciplined Growth Through Strong Partnerships
The 2025 homebuilding landscape sees slowed new construction and increased cancellations, while Millrose Properties innovates in land banking and development.
Figure Reports Significant Profit Growth and Revenue Increase
Figure reported significant growth, with net revenue reaching $506.9M, a 49% increase. Net income stood at $134.3M, supported by a volume of $8.4B.
Minor FICO Score Improvements Can Alleviate Homebuying Expenses
Research shows that raising an average FICO score to the 760 threshold typically takes 1.5 to 3 years across most states, highlighting borrower challenges.
In Texas, buyers are influenced by the memory of 2.65% mortgage rates.
Homebuilders in Texas face challenges as buyers cling to pandemic-era rates, impacting market dynamics. Understanding this psychological bias is essential.
Massachusetts legislation would require fair housing training for real estate agents.
Massachusetts Senate passes S.2959, mandating four hours of fair housing training and stricter penalties, impacting private lenders and compliance practices.
Building a Business on Relationships: The Limits of Automating Trust
Explore the essential role of personal relationships in the mortgage industry, emphasizing their importance in driving growth and revenue, despite the rise of AI technology.
Compass Listings Set to Appear on Redfin Soon
Compass will syndicate coming soon listings to Redfin, allowing seller opt-out and enabling listing agents to claim leads within 24 hours.