California Home Sales Reach Highest Levels Since Earlier This Year
California's median home price increased to $886,960, signaling potential opportunities for private lenders as home sales reach significant levels.
Report Reveals Nearly Half of Renters Plan to Purchase a Home Soon.
Experian's report reveals that around 60% of current renters possess near-prime or higher credit scores, indicating a potential surge in home buyers.
Assessing the Impact of NAR’s Decision on Non-Realtors’ MLS Access
NAR's advocacy for local discretion in mortgage guidelines is noted, yet private lenders question the potential effectiveness of Handbook changes on their operations.
Risk Stacking Alert: 7 Red Flags Threatening Your Private Loan Portfolio
7 Red Flags Indicating Dangerous Risk Stacking in Your Private Loan Portfolio The world of private lending offers incredible opportunities for lenders, brokers, and investors seeking higher returns and more flexible terms than traditional financing. However, with these benefits comes a unique set of [...]
Medical Emergency Solved: How a Partial Note Sale Saved Their Retirement
Accelerated Retirement Planning: How a retired couple sold a portion of their owner-financed note to fund immediate medical expenses, demonstrating quick access to capital and strategic financial management. Client Overview Mr. and Mrs. Thomas and Eleanor Miller, a charming couple in their late seventies, [...]
IMBs Experience Increased Profitability in Third Quarter
Independent mortgage banks demonstrate stronger profitability as production revenue exceeds increasing costs, signaling resilience in the mortgage sector.
Elsafy Team joins Keller Williams in Wisconsin, recognized by RealTrends Verified
Team closes 126 units valued at $80 million, following 132 units and $78 million in the previous year, showcasing strong performance in the market.
Rocket Pro Introduces DSCR Product Amid Recent Market Changes
Rocket Pro's new DSCR loan product evaluates eligibility based on the property’s income rather than personal income, offering flexibility for private lenders.
Canadians Continue to Move to the U.S. Amid Industry Headlines
Canadians are increasingly investing in U.S. real estate, attracted by favorable returns, diverse mortgage options, and enhanced landlord protections.
Lisa Cook Defends Against Fraud Claims, Asserts No Intent to Defraud
Criminal referrals lacked thorough investigation, raising concerns among private lenders about potential legal implications and due diligence practices in lending.