Home Sales in New York State Experience a 2.5% Increase
Home prices have maintained a steady increase for 29 months, rising 4.2% year-over-year to $440,000. Explore the latest insights on market trends.
Chicago Federal Home Loan Bank Designates $28 Million for Down Payment Aid
Discover new down payment assistance programs offering forgivable grants for homebuyers earning up to 80% of the area median income.
Senior Home Sellers Experience Decreased Profit Margins
Research indicates that homeowners aged 70 and above typically receive lower sale proceeds compared to younger sellers, highlighting potential market disparities.
Bel-Air Mansion Featured in ‘Fresh Prince’ Hits Market for Nearly $30 Million
Explore the unique opportunity to invest in a high-profile mansion in Brentwood, often misidentified as Bel-Air, listed for just under $30 million.
Mortgage Rate Volatility Resurfaces Prior to Trump’s Davos Address
President Trump's upcoming address at the World Economic Forum in Davos may influence global economic sentiments, with potential impacts on mortgage rates for private lenders.
Do home sellers incur significant losses from high agent commissions?
U.S. home sellers face significant financial losses, totaling $30 billion yearly, due to high agent commissions, often exceeding $6,000 per transaction.
Fintech’s Advanced Metrics: Leveling the Playing Field for Private Lenders
Fintech platforms now give private mortgage lenders the same advanced metric tracking tools that institutional lenders have used for years—closing the data gap and enabling smarter risk management, TILA/RESPA compliance, and portfolio performance without building in-house data infrastructure.
Restb.ai Aims for UAD 3.6 Compliance for Lenders and Appraisers
Discover how the updated Uniform Appraisal Dataset 3.6 enhances appraisal processes for conventional loans, streamlining submissions to Fannie Mae and Freddie Mac.
National House Prices Remain Virtually Unchanged According to Recent Report
Annual house price appreciation remains stagnant, highlighting a challenging market for private lenders. Explore the latest insights on this trend.
What Limits Loan Throughput for Private Lenders? Onboarding, Payments and Compliance
Loan throughput for a private lender stalls when post-closing work grows faster than the team that handles it. Three areas usually set the limit: manual loan onboarding, manual payment tracking, and manual compliance records. Automating them, in-house or through a third-party servicer, lets a lender add loans without adding staff at the same pace.