Financing Program Targeted at Sellers Preparing for Home Staging
Discover a new financing program designed to assist sellers with home staging, currently in select markets with plans for broader availability.
SFR Investors Reduced Home Purchases This Year
Institutional investor activity declined as iBuyers, flippers, and sale-leaseback firms emerged to fill the gaps in the mortgage market.
Is the DOJ a legitimate concern for real estate professionals?
DOJ CID raised concerns over CCP, yet the Division seems indifferent to NAR's controversial policy, signaling potential shifts in regulatory focus for private lenders.
Cardinal Financial introduces a loan processing solution for mortgage brokers.
Cardinal Financial Wholesale launches Cardinal Complete, a loan processing solution designed to enhance efficiency for mortgage brokers and improve operational workflows.
Federal Reserve maintains current benchmark interest rates.
Federal Reserve's anticipated decision reflects ongoing economic data considerations, signaling potential recessionary trends that may impact private lenders' strategies.
Realtor.com Reports Decline in Multifamily Permits May Increase Rents
Demand for larger rental units is rising as fewer renters seek to become first-time homebuyers, potentially influencing rental price trends in the market.
Vishal Garg predicts Better’s AI may underwrite 75% of mortgages soon.
Better’s CEO announced that 40% of its current mortgages are underwritten by AI via the Tinman platform, showcasing a significant shift in mortgage processing.
Mortgage Applications Decline After Sustained Period of Increase
Purchase application volume has increased by 6% year-over-year, indicating a potential uptick in demand, according to MBA's chief economist Mike Fratantoni.
Better’s Efficiency Focus Results in Revenue Growth and Reduced Net Loss
Better’s earnings release highlights growth and a strategy to diversify offerings while leveraging Tinman to enhance local loan officer capabilities.
Chad Smith Discusses Remarkable Advances in Technology for COOs
Chad Smith, president and COO of Better Mortgage, discusses leveraging technology and strategic business approaches to address the evolving needs of private lenders.