Home Sales in New York State Experienced 7.5% Decline in January
"Discover how New York's rising median sales prices impact market dynamics and lending opportunities amidst a notable decline in home sales."
Trade Groups Advocate for Reduced MSR Capital Charges and Customized Risk Weights
Eight trade groups representing lenders are advocating for revisions to bank capital rules, seeking tailored risk weights for mortgages and reduced capital charges for servicing rights.
Zillow requests dismissal of consolidated RESPA lawsuit in Seattle.
Zillow seeks dismissal of a consolidated RESPA lawsuit, maintaining its agent and loan programs do not cause harm or involve illegal referrals.
REMAX reports increased net income despite decline in U.S. agents.
REMAX reported a net income of $8.2 million amidst a 6.1% decline in U.S. agents, while global agents saw a 7.9% increase, highlighting market shifts.
January Indicators Offer Limited Insight for July Homebuilding Trends
Discover insights from this year's International Builders Show, highlighting a balance between cautious optimism and improved market activity among builders.
Wisconsin Home Sales Decline Due to Decrease in New Listings
The median home price in Wisconsin has risen, indicating potential opportunities and challenges for private lenders in a shifting market. Continue Reading Wisconsin Home Sales Down Amid Drop in New Listings
Private Mortgage Servicing: Navigating Rate Volatility for Profit and Compliance
When interest rates move, private mortgage note servicers face simultaneous obligations across recalculation, disclosure, and borrower communication. This article covers what those obligations are, where manual processes break down, and how professional servicing protects your portfolio regardless of market conditions.
7 Critical Clauses for Private Mortgage Late Fees and Notices
Private mortgage agreements that include clearly drafted late fee definitions, grace period terms, notice of default procedures, and payment application rules give lenders a defensible paper trail and reduce borrower disputes. If these seven clauses are missing or vague, lenders risk invalidated foreclosure actions, uncollected fees, and costly litigation.
High-End Households Anticipated to Drive Remodeler Growth
The remodeling industry anticipates growth driven by luxury demand, though ongoing labor shortages and economic uncertainties pose significant challenges.
Study Reveals Significant Credit Score Discrepancies Among Bureaus
A recent study highlights significant credit score differences among the three major credit bureaus, raising concerns for private lenders in risk assessment.