Severe Weather and Rising Insurance Costs Increase Foreclosure Risk
A First Street report highlights increasing foreclosure risk linked to extreme climate events and escalating insurance costs, posing challenges for private lenders.
Swimming Pool Listings Reach Unprecedented Levels
Discover how homes with pools tend to be larger, impacting market trends. Explore the surge in listings featuring swimming pools for potential investment insights.
Fannie Mae updates its forecast for 2025 home sales and GDP growth.
Expert projections indicate a decline in the 30-year fixed-rate mortgage rate, expected to reach 6.1% by 2025 and 5.8% by 2026, impacting private lenders.
Leading Arizona real estate team of 53 agents partners with eXp.
Arizona real estate leader Scott Kumler and his team, The Kumler Group, have transitioned to eXp Realty, departing from My Home Group in a strategic move.
Study Finds Mortgage Lenders Struggling with Compliance Amid Rapid Tech Changes
Regulatory alerts surged for lenders, with some facing up to 1,700 notifications, impacting 25% of their business operations. Insightful trends for private lenders.
Northern Nevada Brokerage Becomes Part of Century 21 Network
Nevada firm partners with Century 21 to attract more agents and evaluate potential acquisitions, enhancing their competitive position in the market.
Pennsylvania Sees an 11% Increase in Home Sales
Pennsylvania's housing market shows resilience with a 3.5% month-over-month increase in median sales prices, signaling growth potential for private lenders.
FHFA’s Bill Pulte Intensifies Focus on FICO Scores
Director of the FHFA, Bill Pulte, emphasizes the importance of credit-score pricing, signaling significant implications for private lenders in the mortgage industry.
Prudent AI Assists Mortgage Lenders in Serving Gig Economy Workers
Discover how three lenders leverage Prudent AI to enhance underwriting speed, ensure consistency, and increase access to non-QM loans for borrowers.
Choosing Between Loan Document Software and Law Firms: Three Essential Factors for Lenders
Explore how loan document software is revolutionizing the private lending industry, offering efficient, cost-effective solutions for drafting and revising documents.