Hagens Berman Seeks Plaintiffs in Compass MRED Class Action.
Firm claims 98% market share; Compass finds 4.6% higher sale prices after pre-MLS marketing - implications for private lenders:pricing, risk and deal flow.
Realtor.com lead dispute moves to private arbitration after appeal fails.
The appeals court concluded it lacked jurisdiction because the lower court’s dismissal functioned as an effective stay pending arbitration rather than a final, appealable judgment. By treating the dismissal as a procedural pause to allow arbitration to proceed, the appellate panel declined to take [...]
The NIL era adds wealth and buyers to college housing markets.
Financial and mortgage professionals increasingly encounter young athletes who are managing sudden or nontraditional income from sponsorships, endorsements, or early professional contracts. Experts advise adapting underwriting practices to emphasize sustained cash flow and thorough documentation rather than treating a one-time payment as qualifying income. [...]
Pending home sales decline as buyers pull back.
Falling pending home sales cut transaction volumes and boost buyer leverage; private lenders should watch price movement, inventory shifts and credit risk.
State Farm and Allstate move to resume California homeowners insurance.
State Farm and Allstate filed to reopen California home-insurance; filings could affect private lenders' collateral risks and underwriting pending reviews.
UWM finds VantageScore 4.0 improves outcomes for one in four borrowers.
UWM reports VantageScore 4.0 yields more favorable credit results for 25% of its pipeline; share projected to reach two in five, relevant to private lenders
Cavco builds first HUD-code manufactured home without a steel chassis.
Cavco's Grande Arbor: first HUD-code home without a permanent steel chassis after mandate removal; implications for collateral, valuation and lender risk. -
Better expands Coinbase HELOC rebate partnership amid equity growth.
Better offers Coinbase One members a lender-funded rebate of 1% (up to $10,000) on approved HELOCs; impact on private lenders while fintech HELOCs increase.
Gateway First Bank will acquire Colonial Savings, expanding Texas banking.
Gateway First Bank to acquire Colonial Savings, combining mortgage operations and expanding Texas banking footprint—implications for private lenders noted.
Zillow-MRED antitrust dispute moves from court to arbitration.
The court ruled that the record did not adequately separate allegations of a coordinated conspiracy from lawful, coincident alignment between MRED and Compass, finding plaintiffs’ evidence insufficient to prove an unlawful agreement. In applying antitrust principles, the judge emphasized that similar or parallel business [...]