Guidance for a New Loan Officer: Advice for My Son Before His First Year
Explore the journey of becoming a loan officer in the mortgage industry, highlighting essential skills, relationship-building, and the challenges of a commission-only career.
Lower Mortgage Rates Boost Refinance Activity
Mortgage rates dipped last week, spurring a notable increase in refinance applications, marking the highest level of activity since late 2024.
Zillow’s Losses Persist, Yet Key Revenue Streams Show Growth
Zillow partners with Redfin to become the exclusive provider of multifamily listings, enhancing visibility on Rent.com and ApartmentGuide.com for private lenders.
January Sees Increase in Home Sales in the Mid-Atlantic Region
Housing prices in the region have increased, with the median sale reaching $390,000, reflecting a 5.4% annual rise—key insights for private lenders.
Mortgage credit availability increased by 2.5% in January.
Mortgage credit availability increased by 2.5%, driven by enhanced consumer access to conventional loans, signaling potential opportunities for private lenders.
Richmond American Homes Introduces Two New Communities in Arizona
Discover two new communities in Goodyear, Arizona: Seasons at Pradera III and The Preserve at Pradera, enhancing the local housing landscape for potential buyers.
The important impact of community lending on the national economy
FHLBanks consistently offer liquidity support to members, enhancing financial stability and resilience during economic challenges, fostering confidence in private lending.
Hawaii Supreme Court allows $4B settlement against insurance companies to proceed.
Court ruling prevents insurers from pursuing direct reimbursement from defendants, enabling a significant $4 billion settlement to move forward.
Homebuyers express willingness to consider extended mortgage terms.
A recent survey highlights that 73% of prospective borrowers are open to longer loan terms for reduced monthly payments, indicating shifting borrowing preferences.
Informative Research Partners with Thomas & Company for Enhanced Services
Partnership aims to enhance mortgage originations by simplifying income and employment verification processes, benefiting private lenders and their operations.