RE/MAX Reports a 3.2% Increase in Home Sales Compared to Last Year
Discover the latest trends in home listings and sales data, highlighting shifts that may impact private lenders and investment strategies in the housing market.
Ackman deems GSE stock sale impractical and proposes alternative plan
Billionaire investor Bill Ackman unveils a three-step plan for Fannie Mae and Freddie Mac, declaring a stock offering as unfeasible amidst ongoing industry challenges.
Bright MLS to Incorporate ICE’s Paragon Connect Platform Integration
Agents can efficiently manage property listings and generate comparative market analyses seamlessly on both desktop and mobile devices for enhanced client service.
PHH Mortgage to cease reverse originations and sell MSRs to Finance of America.
Onity Group is divesting $9.6 billion in reverse mortgage servicing rights to Finance of America, marking its exit from the reverse origination sector.
Foreclosure Activity Rises Close to 20 Percent
Tampa, Florida, leads major metros with the highest foreclosure rate, reporting one foreclosure for every 1,373 housing units, impacting private lenders' strategies.
Builder Confidence Holds Steady
Record high price cuts among builders signal shifting market dynamics, with 41% reducing prices, raising implications for private lenders and investment strategies.
Investor Reporting: The Catalyst for Scaling Private Mortgage Deals
Why Your Investor Reporting Strategy is Key to Scaling Private Mortgage Deals In the dynamic world of private mortgage lending, building a robust portfolio of deals is often seen as the primary challenge. Yet, many experienced lenders and brokers understand that originating a deal [...]
Deed in Lieu of Foreclosure: The Private Lender’s Start-to-Finish Guide
Deed in Lieu Process: What Private Lenders Need to Know from Start to Finish Deed in Lieu Process: What Private Lenders Need to Know from Start to Finish In the dynamic world of private mortgage lending, navigating distressed assets is an inevitable part of [...]
Senate Democrats Call for GAO Inquiry into Pulte Homes’ Practices
Senate Democrats urge the GAO to investigate FHFA Director Bill Pulte following criminal referrals involving public figures, raising concerns in the housing finance sector.
Minnesota Property Taxes May Increase by $1 Billion in the Coming Years
Minnesota faces a significant property tax increase that may reach $1 billion, raising concerns for lenders about market stability and investment strategies.