Texas Antitrust Suit Against NAR Includes Local MLS as a Defendant
Texas broker Luz de Amor Eytalis sues NAR and others, alleging monopolistic practices in the real estate industry, raising significant concerns for private lenders.
Dubai Developers Outline Strategies for Entry into the US Real Estate Market
Dubai's Dar Global and EDGNEX Data Centers by DAMAC are set to enter the U.S. market, suggesting new investment opportunities in real estate development.
Ally Financial discontinues its mortgage origination operations.
Ally Financial plans to exit the mortgage origination sector, shifting focus to higher-return investments. This strategic move signals changes in the lending landscape.
Homes Available for Sale Increased by 22% Year-Over-Year in December
Explore the ongoing trend in housing inventory growth, which may influence lending strategies and market dynamics for private lenders.
Impact of 7% Mortgage Rates on Housing Trends for the Next Decade
Homeowners are facing elevated mortgage rates, exceeding 6%, creating challenges for refinancing and impacting market dynamics for private lenders.
Bayview reaches $20 million settlement with 53 state regulators over cyberattack
Bayview Asset Management and its subsidiaries will pay a $20 million fine and implement corrective measures after a significant data breach impacting 5.8 million customers.
Mortgage Applications Decline Following the Holiday Period
Demand for mortgage applications fell by 3.7% last week, according to the Mortgage Bankers Association's survey, indicating shifting trends in borrowing activity.
Former Pennsylvania Realtors President Files Lawsuit Against PAR and NAR
Preston Moore files suit against trade groups, challenging NAR's three-way membership agreement and alleging discriminatory practices affecting private lenders.
Redwood expands home equity platform with new alternative loan products.
Sequoia's repositioning enhances its jumbo loan platform, ensuring continued operation under its established branding for private lenders.
Transitioning from Encompass SDK to Encompass Partner Connect with GridBase
Discover how the shift from Encompass SDK to Partner Connect enhances efficiency for private lenders while addressing compliance challenges with GridBase's support.