Pending Home Sales Show Year-Over-Year Growth as Spring Approaches
Pending home sales increased by 4.6% year over year, with inventory at 700,259 units, while mortgage rates stabilized near 6%, signaling a dynamic market.
Dan Hultquist Discusses HECM Reforms and Engaging New Sales Talent
Reverse mortgage expert Dan Hultquist analyzes recent HECM reforms, emerging proprietary loan trends, and the impact of technology on industry expansion.
RateFi Launches Crypto Asset Integration for Mortgage Qualification
RateFi enables borrowers to utilize verified cryptocurrency as income and reserves for mortgage applications, eliminating the need for liquidation.
New Home Sales Experience a 1.7% Decline in December
New home sales have declined by 1.1%, signaling potential shifts in market demand that private lenders should monitor closely for investment strategies.
Opendoor reports $1.3B loss but identifies route to profitability.
Opendoor's $1.3B loss highlights challenges in home sales. Executives remain optimistic, projecting breakeven by late 2026 amid market fluctuations.
Home Builders Seek Exemption on Materials Amid Proposed Global Tariff
Homebuilders urge for exclusion of materials from new tariffs following a Supreme Court ruling. This could impact construction costs and housing availability.
New Home Sales Increase Slightly Amid Weakening Price Concessions
New home sales increased by 3.8% as builders reduced prices and provided incentives. However, inventory levels continue to exceed historical averages.
Severe Winter Weather Affects Home Sales and Prices in Pennsylvania
Home sales in Pennsylvania have sharply declined due to harsh winter conditions, impacting market dynamics and property values for private lenders to consider.
Home Sales in New York State Experienced 7.5% Decline in January
"Discover how New York's rising median sales prices impact market dynamics and lending opportunities amidst a notable decline in home sales."
Trade Groups Advocate for Reduced MSR Capital Charges and Customized Risk Weights
Eight trade groups representing lenders are advocating for revisions to bank capital rules, seeking tailored risk weights for mortgages and reduced capital charges for servicing rights.