Report Indicates 44% Increase in Home Sellers Compared to Buyers
Explore the implications of a buyer's market, as Redfin reports a 44% increase in home sellers compared to buyers. Understand the trends affecting private lenders.
C2 Financial Pursues National Expansion and Seeks Top Broker Status
C2 Financial aims to enhance loan volume by leveraging AI and recruiting efforts, expanding operations from 42 to all 50 states to exceed 10,000 loans.
Why NPN Specialization Is the Broker’s Ultimate Advantage
Why Brokers Should Specialize in Connecting NPN Buyers with Sellers In the dynamic world of private mortgage servicing, opportunities often arise from areas less traversed by the mainstream. One such lucrative, yet complex, niche involves the buying and selling of Non-Performing Notes (NPNs). For [...]
Outsmarting 2024 Rate Hikes: Apex Lending’s Non-QM & Seller Carryback Profit Blueprint
Navigating the 2024 Interest Rate Hike: How a private lender diversified its portfolio with non-QM loans and seller carrybacks to maintain profitability during a period of rapidly rising rates. Client Overview Apex Lending Group, a well-established private lending firm operating primarily in the Southwestern [...]
City Lending to cease operations due to regulatory challenges and market shifts
City Lending Inc. is ceasing operations as mounting regulatory challenges and industry consolidation impact independent mortgage banks in Virginia.
Compass Introduces Referral Program for Buyer Leads from Listing Agents
New Compass program incentivizes listing agents with a 10% fee for referring buyer inquiries to colleagues, enhancing collaboration and efficiency in transactions.
Considerations for Utilizing Single Credit Bureau Pulls in Mortgage Lending
Explore the implications of transitioning to single-bureau credit pulls for GSE loans, balancing cost savings with potential risks in pricing and liquidity.
Housing Optimism Supported by Data, According to Gary Keller
Keller Williams anticipates 4.3 million home sales and $2.4 trillion in mortgage volume, projecting 5.9% rates, impacting private lenders' strategies.
Keller Williams launches updated Command platform for enhanced user experience.
Explore how the new Command platform enhances agent productivity with integrations of top proptech tools and AI, driving growth in the private lending sector.
Current Status of HUD’s Proposed Changes to Reverse Mortgages
Federal housing agencies conclude public comments on reverse mortgage programs; industry stakeholders await upcoming decisions that may impact private lenders.