Colorado Considers Minimum Home Lot Sizes to Address Housing Challenges
Colorado lawmakers are revising zoning rules to tackle housing affordability by allowing single-family homes on smaller lots, aiming to enhance accessibility in suburban areas.
DiSpirito Team Recognized with Prestigious Awards at Engel & Völkers
"Discover insights from Rhode Island's top real estate team, recognized for exceptional unit sales performance, driving value for private lenders in the market."
Unison’s Home Equity Investment Encounters New Legal Challenge in California
A class-action lawsuit claims Unison HEI contracts function as hidden reverse mortgages, highlighting a payout increase from $97,256 to nearly $375,000.
Longbridge and Mutual of Omaha Seek Dismissal of Reverse Mortgage Lawsuit.
Longbridge Financial and Mutual of Omaha Mortgage seek dismissal of a lawsuit concerning alleged improper advertising practices, aiming to resolve ongoing legal disputes.
Interest Reserves Under Pressure: Navigating Rising Construction Costs in Private Mortgage Servicing
Analyzing the Impact of Rising Construction Costs on Interest Reserves in Private Mortgage Servicing Analyzing the Impact of Rising Construction Costs on Interest Reserves In the dynamic world of private mortgage servicing, where agility and keen foresight are paramount, certain economic shifts can create [...]
Subordination Agreements: Your Note Buyer’s Guide to Lien Priority Protection
Navigating Subordination Agreements: A Guide for Note Buyers In the dynamic world of private mortgage note investing, clarity, and precision are not just virtues; they are necessities. As a note buyer, your investment’s security hinges significantly on understanding its position relative to other claims [...]
The Myth of the “One-Size-Fits-All” SOP for Private Loan Types
The Myth of the "One-Size-Fits-All" SOP for Private Loan Types In the intricate world of private mortgage servicing, the allure of simplicity often tempts operations to adopt a "one-size-fits-all" approach to their Standard Operating Procedures (SOPs). It seems efficient, streamlined, and perhaps, less daunting. [...]
Radian concludes mortgage conduit operations following sale discussions.
Radian is discontinuing its mortgage conduit operations after an unsuccessful divestiture process, while seeking strategic options for its title and real estate services.
Mortgage Applications Rise 3.2% During Period of Market Volatility
Mortgage applications rose 3.2%, with the purchase index increasing by 7.8%. Meanwhile, the 30-year fixed rate climbed to 6.19%, impacting lending strategies.
loanDepot posts $108 million loss despite improvements in volume and margins
loanDepot reduces its projected 2025 net loss to $108 million, with revenues increasing by 12% to $1.19 billion, despite a decline in margins to 324 bps in Q4.