Indie Brokerage Partners with United Real Estate Richmond to Launch RVA Blue Realty
United Richmond merges with River City Blues Realty, enhancing market presence. Smitty Smith appointed as lead broker to steer the new venture.
CHLA Encourages FHFA Director to Consider Small IMB Concerns
CHLA outlines key priorities for the FHFA concerning smaller independent mortgage banks in a letter to new director Bill Pulte, focusing on industry stability and growth.
Lennar Launches Sales of Single-Family Homes in Dallas Community
Discover the latest in Dallas real estate as Lennar launches single-family homes starting in the low $300,000s, offering new opportunities for private lenders.
Financing Program Targeted at Sellers Preparing for Home Staging
Discover a new financing program designed to assist sellers with home staging, currently in select markets with plans for broader availability.
SFR Investors Reduced Home Purchases This Year
Institutional investor activity declined as iBuyers, flippers, and sale-leaseback firms emerged to fill the gaps in the mortgage market.
Is the DOJ a legitimate concern for real estate professionals?
DOJ CID raised concerns over CCP, yet the Division seems indifferent to NAR's controversial policy, signaling potential shifts in regulatory focus for private lenders.
Cardinal Financial introduces a loan processing solution for mortgage brokers.
Cardinal Financial Wholesale launches Cardinal Complete, a loan processing solution designed to enhance efficiency for mortgage brokers and improve operational workflows.
Federal Reserve maintains current benchmark interest rates.
Federal Reserve's anticipated decision reflects ongoing economic data considerations, signaling potential recessionary trends that may impact private lenders' strategies.
Realtor.com Reports Decline in Multifamily Permits May Increase Rents
Demand for larger rental units is rising as fewer renters seek to become first-time homebuyers, potentially influencing rental price trends in the market.
Vishal Garg predicts Better’s AI may underwrite 75% of mortgages soon.
Better’s CEO announced that 40% of its current mortgages are underwritten by AI via the Tinman platform, showcasing a significant shift in mortgage processing.