Study highlights $880 million in subordinate liens on FHA mortgages.
Benutech reports that 82K FHA loans originated in 2023 carry additional liens of $20K or less, totaling $880M, complicating loss mitigation efforts for lenders.
Addressing the Barrier to Housing Affordability: Ourselves
Explore the complexities of America's housing affordability debate, uncovering how factors beyond rising prices contribute to the ongoing crisis.
New brokerage Showings focuses on buyer leads instead of listing commissions.
Showings aims to transform the real estate selling experience with a fee-free model focused on savings, efficiency, and enhancing buyer engagement.
Homeowners require more than a mortgage; they need supportive resources.
Explore how R-PACE financing can help Florida homeowners address rising insurance costs and fund essential storm-resilient upgrades amid a housing crisis.
Homeowners increasingly rely on equity as retirement expenses rise.
Explore how spending patterns among households aged 65 and older have evolved, with annual expenses now at approximately $122,000, reflecting significant growth since 2000.
MRED’s Legal Dispute with Zillow Affects Agents and Sellers Directly
MRED cuts Zillow and Trulia feeds, withdrawing 40,000 listings following an antitrust suit and the banning of 9 listings under display standards.
April Sees Decline in Single-Family Housing Starts, Growth in Multifamily Market
April housing starts increased by 4.6% year-over-year, though single-family starts saw a 2.4% decline, while new home inventory dropped 4.6%.
Accelerating AI Adoption in Mortgage Servicing, According to BlackWolf
AI adoption in mortgage servicing surged from 15% to 38%, reducing costs by 30-50% as regulatory oversight increases, presenting opportunities for private lenders.
Independence and Scale: How AI is Transforming Brokerage Strategies
Rodland Real Estate launches a new platform enabling independent brokerages to scale their operations while maintaining their unique identity and values.
CFPB Focuses on Reg X and GSE Streamline Refinances Amid LO Compensation Concerns
CFPB is considering updates to Regulation X servicing rules, potentially facilitating streamlined GSE refinances. Key implications for private lenders are forthcoming.