Annual Increase of 40% in FHA and VA Purchase Mortgage Demand
Government purchase mortgage applications increased nearly 5% this week, reflecting a significant annual rise of 40%, indicating stronger market momentum.
Slight Increase in Mortgage Delinquencies Observed in First Quarter
Foreclosure inventory rises across conventional, FHA, and VA loans, yet stress levels for borrowers remain historically low, indicating market stability.
FHA Highlights AI Development as It Archives Inactive Policy Documents
The agency has archived nearly 600 inactive policy documents, demonstrating the potential of AI tools in efficiently locating and extracting valuable information.
UWM Establishes Ambitious Production Target for 2028
UWM's recent growth highlights a significant 28% year-over-year increase, surpassing $137.8 billion in originations, emphasizing opportunities in the wholesale lending sector.
MBA Calls for Mortgage Rule Revisions in Letter to OMB
Explore recent regulatory updates affecting loan servicing, RESPA compliance, and loan officer compensation, vital for private lenders to navigate the evolving landscape.
ServiceLink Enhances Its Closing Technology Solutions
Discover real-time scheduling enhancements that streamline closing processes, offering expanded choices for online and in-branch appointments for private lenders.
Better Utilizes AI and Achieves First Profitable Month Since 2022
CEO Vishal Garg reveals a strategic plan focused on scaling partnerships, attracting experienced loan officers, and expanding the company's platform channels.
Identifying the Most Affordable Metro Area for Home Purchases
Discover the most affordable metro areas for home buying, highlighting trends in the Rust Belt and South. Essential insights for private lenders.
Indiana Sees 12% Increase in Home Sales
Discover the latest trends in Indiana's housing market, with median home prices rising 5% year-over-year, signaling growth opportunities for private lenders.
GOP Tax Bill Draft Receives Endorsement from the National Association of Realtors
New legislation raises the Qualified Business Income deduction to 23%, providing enhanced tax benefits for independent contractors and small-business owners.