Mortgage Credit Availability Increases 1.1% to 107.1
Mortgage credit availability increased by 1.1% to 107.1, driven by a 2.7% rise in conventional loans, while government loans saw a decline of 0.8%.
Mortgage Rates Remain Stable Around 6.15% Amid Oil and Job Market Risks
30-year mortgage rates remain around 6.15% amidst a decline in employer payrolls, with markets anticipating no Federal Reserve rate cut in the near future.
Crexi Enhances Residential Rental Data Amid Algorithm Limitations
Residential rent data is increasingly valuable as legal changes affect landlord practices. Crexi partners with Dwellsy to enhance its data capabilities.
Howard Hanna NYC appoints new head of business development.
Hal Gavzie will assist agents in utilizing marketing, technology, and referral resources, enhancing their access to the extensive Howard Hanna platform.
Wendy Forsythe introduces a 6-step framework book for agents to scale sustainably.
Wendy Forsythe, eXp CMO, introduces "Leverage Your X-Factor," with all proceeds aiding the eXp Extend a Hand program, supporting agents and staff in need.
Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
How Interest Reserves Impact Cash Flow for Land Development Loans Land development loans are a unique financial instrument, designed to transform raw acreage into the foundational components of future communities. Unlike traditional mortgages or even construction loans, they present a distinct set of challenges [...]
**$250K Saved: A Private Lender’s SAFE Act Compliance Story**
How a New Private Lender Avoided $250K in Fines by Implementing Proactive SAFE Act Compliance Client Overview Horizon Lending Partners, established in late 2022, emerged as an ambitious new player in the private lending sector. Founded by a group of seasoned real estate investors [...]
Pennymac TPO Introduces New Non-QM Product Suite
Discover Pennymac TPO's new non-QM product suite featuring DSCR, bank statement, asset qualifier, WVOE, and 1099 options for enhanced lending flexibility.
Plaid Adds Home Lending Report to Encompass Platform Integration
Plaid's integration of its Home Lending Report into Encompass enhances lender workflows by enabling account linking and access to two years of financial data.