Report Reveals Growth in Home Equity Originations and Outstanding Debt
Explore the decline in debt consolidation motivations among borrowers applying for home equity loans, highlighting trends that private lenders should note.
Turnbridge Equities to Begin Construction on Luxury 37-Story Tower in Raleigh
Discover new investment opportunities as a 37-story luxury tower in Raleigh incorporates 7,500 square feet of ground-floor retail space for enhanced value.
MBA Reports 10% Increase in Home Equity Debt, Highlighting Its Popularity
MBA's Home Equity Lending Study indicates lenders anticipate nearly 10% growth in HELOC debt and about 7% in home equity loan debt moving forward.
Report: Foreign Buyers Purchased Almost Half of New Construction in South Florida
Latin Americans dominate the market, accounting for about 86% of new construction sales in South Florida, highlighting a trend of global investment in real estate.
MLS PIN and Nosalek Plaintiffs Seek Final Settlement Approval
Preliminary approval of the fourth amended settlement by Judge Patti B. Saris signifies progress in ongoing negotiations with the DOJ, affecting private lenders.
LoanDepot Lawsuit Highlights Loan Officer Compensation Practices
"Attorneys highlight that lenders may permit compensation linked to lead sources and internal loan transfers, a practice underscored in the loanDepot case."
The Future of Hybrid Cloud and PropTech: Key Trends Ahead
Explore how PropTech is reshaping the real estate landscape, driving innovation in residential and commercial developments, and fostering significant market growth.
Growth in housing inventory is beginning to slow.
Housing inventory increased to 860,426, yet growth shows signs of stalling as August approaches, raising concerns for private lenders in the market.
Lawmakers Urge FHFA to Explore Cryptocurrency Use in Mortgages
Senators recommend caution as the FHFA considers unconverted cryptocurrency in mortgage underwriting, highlighting potential risks and regulatory implications.
Real Estate Highlights and Setbacks from Recent Market Activity
Explore recent developments impacting private lenders, including strategies to reduce capital gains taxes on properties and avoid expensive consultancy fees.