Click n’ Close Offers 5/1 ARM with Down Payment Assistance for New Homes
Explore the SmartBuy 5/1 ARM Down Payment Assistance program, which combines a first mortgage with a repayable second mortgage to enhance affordability for homebuyers.
Report Reveals One in Four Homes at High Risk from Climate Hazards
Assessing climate risks is crucial for private lenders, given that 1 in 4 U.S. homes faces acute threats that could impact real estate values significantly.
$12.7 Trillion in American Homes Exposed to Significant Climate Risks
Data reveals that climate-related risks from flooding, hurricanes, and wildfires are significantly influencing housing markets and insurance access for private lenders.
Reverse mortgage production metrics declined in August.
"Despite a steep drop in August endorsements, wholesale sponsors such as Longbridge and Finance of America played a key role in stabilizing market volumes."
The 25-Year Housing Surge and the Start of Its Next Phase
Explore the unprecedented 25-year housing surge in the U.S., marking a transformative era for private lenders and reshaping the housing market landscape.
Rocket Extends Debt Exchange Deadline Following Mr. Cooper Agreement
Rocket Companies extends the deadline for debt exchanges involving Mr. Cooper Group, linked to its $9.4 billion acquisition, signaling strategic lender moves.
PennyMac Correspondent Group Introduces Non-QM Mortgage Products
PennyMac plans to retain servicing on all non-QM products, signaling a strategic focus that may benefit private lenders in the evolving mortgage landscape.
Homeowner Count in the U.S. Declines for the First Time Since 2016
U.S. median home sale prices reached a record high of $443,867 in July, marking a 1.4% increase year-over-year and influencing private lending strategies.
Restb.ai Improves MLS Tools with Compliance Solution for NAR Settlement
AI-powered document checker unveiled to enhance risk assessment in buyer agent compensation language, offering private lenders greater transparency and security.
Bright MLS Introduces Comprehensive Technology Tool Suite, Bright Solutions
Bright plans to sell its tech solutions, previously exclusive to its subscribers, to other industry players, with MLS Now as its first customer.