Community bankers urge federal regulators to harmonize CRA revisions.
Private lenders: misaligned CRA changes may increase compliance costs, shift competitive dynamics, and affect community lending opportunities. Market risk.
Home sellers outnumber buyers by a record 63% as demand weakens.
Sellers outnumber buyers by ~63%, 41 of 50 major metros remain buyer's markets increasing inventory and compressing demand—note impacts for private lenders.
HUD officials outline an action plan to stimulate FHA lending.
Private lenders: insights from MBA Annual on strategies to boost FHA single-family originations, risk management underwriting changes and channel expansion
Who benefits when listing scarcity is used as a market strategy?
A Zillow survey finding that roughly three-quarters of Hispanic and Black sellers were steered into private networks, compared with about one-quarter of white sellers, reveals a significant racial gap in how listing options are presented. The numbers, reported directly by Zillow, point to a [...]
Forty Wisconsin workforce units filled; 208 households remain waiting
Hayward 40-unit affordable workforce housing fully leased; 208-household waiting list signals strong demand and underwriting upside for private lenders also
Saluda Grade invests $20M in Zippy, expanding manufactured-home lending.
Private lenders: Saluda Grade's $20M investment in Zippy, underwrites manufactured-home expansion beyond 27 states and development of new lending products.
Compass CEO defends private listings, says MLS exposure damages homes.
An executive update from Reffkin highlights notable seller behavior: 43% of listings have recorded at least one price reduction and 6% have been withdrawn from the market. Those figures point to a broad recalibration of seller expectations and inventory management practices, as more listings [...]
Mortgage applications are down 2.7% as ARM share hits a one‑year high.
Mortgage applications down 2.7%; 30-yr conforming rate at 7.50% as adjustable-rate loans expand market share, raising origination opportunities and risk. Market update.
Bipartisan bill would create tax credit for multigenerational renovations.
Federal tax-credit proposal could increase demand for multi-gen home renovations, expanding renovation loan pipelines and opportunities for private lenders. (155 chars)
The MBA urges lower FHA premiums and mortgage pricing reforms.
MBA roadmap urges lower FHA premiums and mortgage-pricing changes, proposing lender-rule shifts with implications for private lenders risk and pricing strategies