Home Sales Increase in May, Up 12%.
Census Data Reveals 12.2% Increase in New Home Sales in April-May 2023 - Discover the Latest Findings from the National Nexus of Private Lenders.
Planet Closes $10B MSR Deal in Acquisition Mode
Planet Home Lending is a one stop shop for private lenders with its latest MSR deal, soaring past the $90 billion mark. Now offering a suite of programs with competitive rates & comprehensive services, PH is the top choice for loan products tailored to individual needs.
Southern Residents Suffer Higher Mortgage & Credit Costs: CFPB
Copy: Struggling consumers in the Southern US now face even tougher restrictions when trying to take out credit, with high interest rates. Get informed on the CFPB's recent updates, to ensure access to competitive rates.
Mid-Atlantic: 2nd Home & Investment Properties Becoming Hot Sellers
"Looking to invest in the Mid-Atlantic region? May's data reveals that second homes and investment properties made up 32% of real estate sales. Meanwhile, move-up buyers accounted for only 11% of sales - discover which types of properties are best for you."
Single-Family Rental Prices Return to Pre-Pandemic Levels
Get the latest news and insights on the single- family rental market and the implications for private lenders.
Ex-Employee Sues CrossCountry for Sexual Harassment and Retaliation.
Discover the details of a former employee's accusations against a CrossCountry Mortgage branch manager in Georgia. Learn about sexual harassment allegations as well as recriminations for filing a complaint and how it affects private lenders. Get the facts today.
Fed Rate Hikes Continue Despite Housing Industry Plea
Lenders and housing industry experts are grappling with low inventory and prolonged market volatility via the Federal Reserve's steady interest rate hikes. Get the latest insights into the potential impact of this inflation, so you can make informed decisions about your private lending strategy.
CFPB to Explore Streamlining Mortgage Servicing Rules
The CFPB seeks to create simplification of servicing rules, for the purpose of increased agility from servicers. Learn more in this summary of the CFPB Director's words from a private lending industry expert.
Recent Mortgages: 90% Purchase Loans
"Are you a private lender looking for the latest news on purchase-loan originations? Black Knight's recent report shows that almost 90% of mortgage originated are purchase loans. Stay informed - read the report to understand current market trends."
Housing Market: Analyzing the Floor
Experts in the mortgage industry analyze the state of mortgage financing and what the future holds for the housing market; sharing predictions and invaluable insights for private lenders.