Blue Owl Allocates $2.5 Billion to Point’s Home Equity Investment Platform
Palo Alto's Point secures new capital to enable $10 billion in Home Equity Investments, expanding opportunities for private lenders in the market.
Michael Burry forecasts significant growth for Fannie and Freddie after IPOs.
Investor Michael Burry, renowned for forecasting the 2008 financial crisis, reveals significant investments in Fannie Mae and Freddie Mac, raising industry concerns.
Hometap Raises $50 Million to Enhance Homeowner Solutions
Hometap secures $50M to strengthen homeowner-focused solutions, addressing financial challenges while maintaining manageable monthly expenses for borrowers.
Mortgage Rates May Rise Even with a Federal Reserve Rate Cut
Federal Reserve's anticipated interest rate cut may not lead to lower mortgage rates; possible increases may arise based on Powell's policy signals.
Mortgage Credit Availability Increases in November
Mortgage credit availability increased by 0.7%, reaching its highest level since 2022, primarily fueled by adjustable-rate mortgages and cash-out refinances.
HUD suspends changes to homelessness program due to ongoing lawsuits.
Explore a longstanding program dedicated to assisting unhoused individuals through vital services like childcare, job training, counseling, and transportation.
Corcoran affiliate reveals significant acquisition in New Jersey
Corcoran Sawyer Smith achieved over $590 million in volume through 815 transactions, showcasing strong performance in the competitive real estate market.
Average Buyer’s Agent Commissions Increased Slightly After NAR Rule Changes
Buyer's agent commissions have increased slightly, reflecting minimal changes over recent quarters. Explore insights on the evolving commission landscape here.
Buyer Responsible for $24K Due to Breach of Broker Agreement, Arbitration Rules
Arbitration awards $24,000 to a brokerage after a buyer breaches an exclusive agreement, highlighting implications of new NAR regulations for lenders.
New York State Increases Property Tax Exemption for Seniors to 65%
New legislation increases property tax exemptions for income-eligible seniors from 50% to 65%, potentially impacting local government finances and private lenders.