Foreclosure Filings Increase by 18% Year-Over-Year
Lenders initiated the foreclosure process on 28,414 properties, marking an 18% increase from the previous year, signaling trends to watch in the market.
Senate Housing Bill Eliminates BTR Sale Provision
Institutional investors can retain single-family homes without the need to divest, impacting market dynamics and investment strategies for private lenders.
Rocket Files Lawsuit Against UWM for Alleged MSR Agreement Breach
UWM's CEO faces serious allegations from Rocket, claiming breach of contract related to an MSR agreement, highlighting tensions within the mortgage industry.
Proper Servicing Records Support Enforcement of Business Purpose Loans
In private lending, enforcement begins long before default. It starts with the record. Learn how disciplined servicing documentation strengthens enforcement of business purpose loans.
Kevin Warsh Appointed Fed Chair, Mortgage Lenders Seek Stability
Senate confirmation of Kevin Warsh as Fed chairman raises expectations in the mortgage industry for reduced volatility and a more stable economic environment.
Rents Decrease for 33 Consecutive Months as Multifamily Construction Expands
Private lenders should note that rental stock is projected to expand the most in the Northeast, with ongoing multifamily construction impacting rent trends significantly.
Bright MLS Integrates Nationwide Listings Feed from Compass
Bright MLS will integrate Compass's nationwide listings feed, while Compass subsidizes some subscriptions. Expect enhanced flexibility this summer for private lenders.
Understanding HOA Governance Risks for Real Estate Agents
New data reveals the impact of unverifiable HOA governance on housing affordability, highlighting key due diligence factors agents must consider.
Crypto Rewards Appeal to Renters Seeking Down Payment Savings
MegPrime has launched a rent rewards program offering 2% back on payments in MP tokens, and up to 20% at partner communities, with 200,000 units enrolled.
Linkhome Partners with Mortgage One Group to Enhance AI Lending Reach
Linkhome is set to acquire Mortgage One Group, enhancing its origination capabilities with AI and expanding its footprint with additional licenses and branches.