HUD Auctions 1,600 HECMs with Additional Sales Planned
HUD is set for a second HECM auction, featuring approximately 2,000 loans valued at $548 million, providing private lenders with new investment opportunities.
Freddie Mac enhances CHOICEHome financing to support affordable housing.
Discover the immediate impact of including modern single-section, factory-built homes for buyers and builders, enhancing options in the housing market.
Opendoor Engages Agents to Enhance Profitability Strategies
iBuyer achieves adjusted EBITDA profitability for the first time in three years, reporting increased revenue and reduced net losses, marking a significant milestone.
Mortgage and refinance applications show recovery in recent MBA report.
The refinance share of mortgage activity rose to nearly 42%, indicating a significant shift in market dynamics and opportunities for private lenders to engage.
California’s affordable housing initiatives confront new legal obstacles.
A new lawsuit threatens California's key approach to affordable housing development, potentially impacting private lenders and funding strategies in the sector.
Rocket Revitalizes Real Estate Division, Partners with Redfin for Home Search
Rocket Homes will redirect users to Redfin for home searches after August 4, enhancing the home-buying experience with a reliable platform transition.
Baird & Warner Introduces Image Services Division Following VHT Studios Closure
Explore how the new Image Services division enhances property marketing with professional photography, virtual tours, floor plans, videography, and drone footage.
Senate Passes Legislation Banning Trigger Leads in Mortgage Industry
Senate passes a bill to prohibit trigger leads, a significant development noted by MBA President Bob Broeksmit as a much-needed reform for the industry.
Joseph Gormley Selected for Leadership Role at Ginnie Mae
Joseph Gormley's nomination to lead Ginnie Mae has been forwarded to the Senate banking committee, impacting private lenders and the housing finance landscape.
Newsom Issues Executive Order to Limit Housing Density in Fire-Affected Regions
California's executive order limits housing density in fire-prone areas, impacting development opportunities and market dynamics in affected regions.