Friday Harbor introduces income and asset scenario testing for loan officers.
Friday Harbor has launched innovative tools for real-time income and asset scenario testing, allowing teams to manage documents without changing loan files.
Home Sales Experienced Nearly 14% Cancellations in January
Rising homebuyer income requirements may impact the market, with 14% of sales canceled. Insights are crucial for private lenders navigating these trends.
LenderMac in California to Acquire Direct Mortgage Company
LenderMac's acquisition of Direct Mortgage will enhance its market presence and diversify lending options, positioning it for growth in multichannel services.
ICE’s Matt Dowd: MSP updates serve as the foundation for AI advancement.
ICE's Matt Dowd emphasizes that the MSP update enhances functionality beyond appearance, enabling streamlined high-frequency workflows for private lenders.
Builders Focus on Payment Structures Over Prices—Insights from LGI Results
Explore insights from LGI Homes' earnings report and key takeaways from the National Association of Home Builders’ event, highlighting industry trends and collaborations.
Realtor.com CEO Damian Eales Discusses Portal Strategy and MLS Relationships
Realtor.com recorded 261 million visits in January, with CEO Damian Eales highlighting strategic partnerships with MLSs to enhance user engagement and access.
FHFA Faces FOIA Lawsuit Regarding Powell Memo
The Campaign for Accountability has initiated legal action against the Federal Housing Finance Agency, claiming non-compliance with a Freedom of Information Act request.
Lawsuit Claims Veterans United Home Loans Engaged in False Representation and Steering
"Veterans United Home Loans faces accusations of false representation and steering. A spokesperson has vowed to contest these claims legally."
Better Utilizes Tokenized Funding for Mortgage Originations
Better Home & Finance partners with Framework Ventures to access up to $500 million in credit through integration with the Sky stablecoin ecosystem, enhancing lending options.
Referral Fees Maintain Elevated Real Estate Commissions, CPC Reports
Referral fees on portals can reach 40%, with a recent survey revealing 55% expect increased commissions and 84% advocating for better disclosure.