Illinois Sees a 3.1% Increase in Home Sales
Illinois home prices see a significant increase with a 6.8% rise year-over-year, highlighting trends relevant to private lenders and the real estate market.
Regulatory Compliance: The Indispensable Core of Private Mortgage Note Servicing
Why Private Mortgage Note Servicing is Crucial for Lenders and Investors Why Private Mortgage Note Servicing is Crucial for Lenders and Investors In the dynamic world of private mortgage notes, the journey doesn't end once the ink dries on the loan documents. For lenders [...]
The AI Compliance Imperative for Private Lenders: Navigating New Regulations
New Regulatory Scrutiny Looms for Private Lenders Employing AI in Risk Assessment The landscape of private mortgage lending is on the cusp of significant transformation as federal regulators intensify their focus on the use of Artificial Intelligence (AI) in risk assessment. This heightened scrutiny, [...]
Seller Financing’s Future: The Compliance Imperative in Private Mortgage Servicing
The Future of Seller Financing: Trends and Predictions Seller financing has long been a compelling alternative in the real estate market, offering flexibility and accessibility often unavailable through traditional lending channels. It empowers sellers to broaden their buyer pool and potentially earn a higher [...]
Private Lenders: Navigating the New AI Regulatory Landscape
New Regulatory Scrutiny Looms for Private Lenders Employing AI in Risk Assessment The landscape of private mortgage lending is on the precipice of significant change as regulatory bodies intensify their scrutiny of artificial intelligence (AI) and machine learning (ML) applications in risk assessment. For [...]
Lawmakers Address Retirement Challenges for Family Caregivers
Recent data reveals that about 10% of U.S. adults care for an aging parent, highlighting a growing demographic shift that may impact housing and lending trends.
FSBO.com Introduces Loan Officer Portal for Consumer Listings
Explore FSBO.com's loan officer portal, designed for seamless listing creation and buyer screening, with future plans for an enhanced FSBO Pro Agent platform.
Beazer Homes CEO Allan Merrill Discusses Sustainability and Affordability
Beazer Homes' CEO emphasizes the role of employee initiatives in fostering company culture and highlights ongoing commitments to energy efficiency and solar community expansion.
HUD and FHFA Revise Credit Scoring Models for Mortgage Lending
Mortgage Bankers Association's Bob Broeksmit emphasizes modernization of credit scoring, signaling potential shifts in lending practices and risk assessment.
FHFA and HUD Introduce New Credit Score Models for Mortgages
Federal agencies have initiated changes to incorporate newer credit scoring models in mortgage underwriting, enhancing borrower risk assessment methodologies.