Credit union executives told an ACUMA audience that credit unions accounted for only a tiny share of the roughly 36,000 reverse mortgages originated in the most recent reporting period. That stark market position highlights a pronounced gap between the needs of older members and [...]
A terse declaration has injected fresh scrutiny into the MLS ecosystem as association leaders face mounting questions about private listing practices, data ownership and related governance issues. The statement underscores how opaque distribution of property information can ripple through the housing finance chain — [...]
New Jersey bankruptcy court approved first-day motions and authorized debtor-in-possession financing after a significant loan default left the company in urgent need of liquidity. The court’s order permits the debtor to draw on a DIP facility to sustain operations, meet payroll, and continue vendor [...]
Acres has broadened its property-intelligence platform to deliver a large-scale parcel-level dataset spanning more than 1,000 metropolitan areas and over 3,000 counties, built from roughly 155 million parcel records. That expanded inventory affords mortgage market participants deeper, address-level visibility into ownership, land use and [...]
Private lenders: automated title tasks increase efficiency, but human oversight remains essential to manage trust, liability and complex exceptions. Risks.
Most non-retired Americans view the prospect of losing regular paychecks as a significant financial threat, reflecting widespread gaps in savings, reliance on wage income, and limited access to guaranteed retirement streams. That concern is rooted in the shift away from employer-guaranteed pension models toward [...]
Relocation trend: Las Vegas tops metro destination; Florida leads state inflow. Nearly 1 in 5 buyers search outside metro—implications for private lenders.
Inventory rose 5.8% year-over-year; median listing prices fell 1.3% and sales pace modestly faster for private lenders: underwriting, pricing and liquidity.
Rising 30-year fixed mortgage rates top 7%, prompting private lenders to reassess risk pricing, origination strategies and borrower qualification standards.
Bookspan and Baker move their mortgage team to NEXA Lending and launch Keepsake Loans to expand private lender opportunities in portfolio and bridge finance.
