Mortgage Application Fraud Risk Decreased by 9.3% in Recent Quarter
Fraud risk in mortgage applications decreased by 9.3%, with 1 in 129 affected. Meanwhile, refinances accounted for 41% of overall volume.
Realtracs maintains Zillow listing feed availability for an extended period.
Realtracs reports that Zillow has not complied with updated IDX regulations, with potential changes to licensing that may involve broker compensation.
Berkshire Hathaway Acquires Taylor Morrison in $8.5 Billion Cash Transaction
Berkshire Hathaway to acquire Taylor Morrison Home Corp for $8.5 billion, offering $72.50 per share. Significant premium raises implications for the housing market.
Housing Inventory Experiences Year-Over-Year Decline
Housing inventory declined year over year to 795,921, down from 803,479, as interest rates stabilize at 6.56%, impacting market dynamics for private lenders.
Christina Harmes Discusses Emotional Intelligence for Reverse Mortgage Brokers
Explore Christina Harmes' insights on CRMP ethics, emotional intelligence with senior borrowers, and effective outreach strategies boosting HECM for Purchase volume.
Misguided Focus: The Impact of Loan Officer Productivity Myths on Lenders
Explore how lenders can enhance productivity by focusing on market alignment and investing in mid-tier originators, leading to sustainable growth and reduced turnover.
The Role of Social Media in a Las Vegas Real Estate Agent’s Success
A Las Vegas Realtor credits social media for her entire pipeline, highlighting 5 closings from a single video with 320,000 views, showcasing digital impact.
Rocket Enhances VantageScore 4.0 Pilot for Agency and VA Loans
Rocket Mortgage and Rocket Pro expand their lending criteria by adopting VantageScore 4.0 alongside Classic FICO scores, enhancing evaluation processes.
StreetMatrix Expands Housing Index to Include Arizona and Utah
StreetMatrix has enhanced its housing index for Arizona and Utah, providing detailed monthly reports with insightful 1-year to 3-year market comparisons.
Florida Housing Market Stabilizes, Yet Sellers Confront Pricing Challenges
Florida's median home list price is currently $495,000, while new listings average $450,000, signaling trends that private lenders should monitor closely.