Understanding AB 2424: Key Information for California Lenders
California's AB 2424 will enhance borrower disclosures and foreclosure notices for 1-to-4 family properties, impacting origination and lending practices.
California's AB 2424 will enhance borrower disclosures and foreclosure notices for 1-to-4 family properties, impacting origination and lending practices.
In 2025, private lenders may face challenges as home equity gains slow due to steady home prices, impacting loan opportunities and investment strategies.
California's AB 2424 introduces new foreclosure notice requirements for 1-to-4 family properties, impacting lenders' processes and borrower disclosures.
Zillow and Fannie Mae indicate potential drops in mortgage rates, suggesting an increase in homebuyer activity that private lenders should monitor closely.
Former HUD Secretary Ben Carson praises Scott Turner, Trump's nominee to lead the agency, highlighting his experience and potential impact on housing policy.
Despite elevated mortgage rates, housing demand shows unexpected resilience, with a seasonal bounce indicating potential opportunities for private lenders.
Private lenders should prepare for the transition from ICE's SDK to the Encompass Partner Connect system, enhancing loan origination efficiency and accuracy.
Guild Mortgage CEO Terry Schmidt discusses company growth and the innovative “customer-for-life” strategy on the Power House podcast, offering insights for private lenders.
Discover how Neighborhood Ventures successfully raised over $1 million in less than eight hours for a distressed Phoenix multifamily property through crowdfunding. Explore more details here.
Stay informed on the latest predictions for home prices in 2025. Discover where the top housing hot spots are for private lenders to consider.