Federal Judge Dismisses Mortgage Fraud Charges Against NY AG Letitia James
Federal judge dismisses charges against New York AG Letitia James, citing issues with the prosecutor's appointment, impacting ongoing legal matters and implications.
MBA Chief Seeks Federal Investigation into Rising Costs of Credit Reporting Products
Mortgage Bankers Association's CEO urges investigation into escalating credit report prices, highlighting concerns for lenders facing rising costs.
Proposal for 50-Year Mortgages May Transform U.S. Housing Expenses
Proposed 50-year mortgages could lower monthly payments for buyers, but may increase overall interest and limit home equity, facing potential legal challenges ahead.
Record $20.9 Billion Non-QM Loans Issued in RMBS Market
Non-QM RMBS issuance in the U.S. achieved a record of $20.9 billion in Q3, reflecting significant growth and opportunities for private lenders in the market.
SitusAMC Reports Cyberattack and Data Breach in Real Estate Sector
SitusAMC, a key player in real estate technology, recently experienced a contained cyberattack, raising concerns about cybersecurity in the industry.
Essential Mortgage Sales Scripts: 13 Tools for Every Buyer Stage
Enhance your approach with structured mortgage sales scripts designed for private lenders. Elevate professionalism and effectiveness in every client interaction.
MRED disputes Zillow report claiming bias in private listing network.
Leaked strategy documents from Compass reveal competitive motives in Zillow's MLS analysis, raising concerns among private lenders about market dynamics.
CAR Revises Forms to Enhance Transparency of Referral Fees
Just after NAR’s Delegate Body declined referral fee disclosure changes, CAR announces amendments to its forms, impacting private lenders in regulatory practices.
Florida and Ohio Introduce Comprehensive Property Tax Reform Plans
Lawmakers in Florida and Ohio are advancing reforms aimed at reducing costs for homeowners, responding to growing political pressure for financial relief.
FHFA Must Act Now to Address Future Mortgage Lock-In Challenges
Proposal suggests making GSE mortgages assumable to boost liquidity in housing. However, retroactive changes pose risks for investors and future market stability.