Jonathan McKernan Nominated for Treasury Position Pending CFPB Director Confirmation
McKernan's nomination for a key Treasury role raises questions about the future of his CFPB appointment, impacting regulatory dynamics for private lenders.
New York Legislation Aims to Address Lender Disbursements in Deed Fraud
Proposed legislation aims to prevent title insurers from compensating lenders for losses linked to transactions identified as false or fraudulent, impacting the industry.
Real Estate Highlights and Lowlights from the Recent Week
Discover key insights for private lenders, including a mortgage fraud investigation, HR issues at GSEs, and unexpected news about Disney's new theme park.
Chicago-Area Childhood Home of Pope Leo XIV Now on the Market for $199,000
Explore the listing of Pope Leo XIV’s childhood home in the Chicago area. A unique opportunity for investors interested in historical properties.
Builder Confidence Declines in the Multifamily Market for Q1
"Explore current challenges in the multifamily market, including construction costs and financing issues, impacting builder confidence significantly."
Beeline Launches Partnership Program for Realtors and Content Creators
Explore how the new initiative aims to boost origination growth in DSCR mortgages, benefiting private lenders through enhanced financing opportunities.
Blend Discusses Rocket-Mr. Cooper Deal and Plans to Exit Title Business
Blend reports a quarterly revenue drop but hints at a $50M deal while exiting the title business to enhance its digital lending strategy.
Alexander Brothers Face Expanded Criminal Charges, Including Minor Assault
Federal prosecutors have added six new charges against the Alexander brothers, including serious allegations of trafficking a minor for prostitution.
Illinois Legislation Aims to Establish CCP in State Law
H.B. 3452 aims to amend state licensing laws, with backing from Zillow and NAHREP, potentially influencing private lenders' operational landscape.
DOJ Launches Investigation into Letitia James Regarding Mortgage Fraud
New York AG Tish James faces a criminal investigation into mortgage fraud, initiated by a referral from FHFA Director Bill Pulte, raising concerns for lenders.