Bonus Homes Introduces Home Equity Release Option in Phoenix
Bonus Homes secures $65.5M in seed funding to expand its management to 10,000 homes, signaling growth potential in the private lending sector.
NAR Confronts Antitrust Lawsuit Regarding Alleged Steering Practices
A Florida broker alleges that the National Association of Realtors influences homebuyers to use buyer's agents, complicating direct communication with listing agents.
Identifying the Most Expensive ZIP Code in America
Explore the striking disparity in housing prices, as Fisher Island's median listing reaches $11.9 million—over 27 times the national average.
Vic Lombardo Appointed President of Mortgage Services at RE/MAX Holdings
Vic Lombardo joins RE/MAX Holdings as President of Mortgage Services, bringing expertise from Guaranteed Rate Affinity to enhance their mortgage offerings.
LeadingRE Expands Preferred Vendor Program to Include AccountTECH
Explore darwin.Cloud by AccountTECH, a platform integrating commission tracking, reporting, and accounting with MLS and transaction data for enhanced efficiency.
Independent Mortgage Banks Return to Profitability with $950 Per-Loan Gain
Independent mortgage banks reported a pretax net production profit of $950 per loan, showing a robust recovery from a previous loss, highlighting market resilience.
Are Housing Permits Indicating an Impending Recession?
Housing permits hit a cycle low amid reported job losses in residential construction, signaling potential challenges for private lenders in the market.
Mortgage Rates Gradually Approach 6% Threshold
Housing market dynamics show improving conditions for buyers and sellers. Anticipation of lower mortgage rates may enhance opportunities in the near future.
Reasons Behind Vendors’ Delays in Transitioning to the ICE SDK
"ICE delays legacy tech retirement, sparking debate among lenders about the industry's readiness for modernization and the need for timely adaptation."
Georgia Couple Loses Home Due to Forged Deed and Mortgage Fraud
Couple challenges $50,000 reverse mortgage repayment notices, asserting they never signed the agreement, raising concerns for private lenders on loan validity.