IMBs Reduce Losses Amid Declining Mortgage Production
Mortgage companies reported a pretax net loss of $28 per loan in Q1 2025, showing improved financial performance from a $40 loss in the prior quarter.
Defining an iBuyer That Is Not Engaged in iBuying Properties
Opendoor and Offerpad's recent home purchases have sharply declined, raising concerns about their future viability in the competitive real estate market.
MBA and NHC Back Housing Provisions in GOP Tax Legislation
GOP tax bill draft attracts positive feedback from MBA and NHC, highlighting key support while identifying aspects needing enhancement as discussions progress.
BOK Financial introduces new mortgage finance division.
New leadership under Donnie Martin will prioritize warehouse lending, aiming to strengthen financial solutions and expand opportunities for private lenders.
Eight Startups Chosen for NAR’s REACH Technology Initiative
Discover how the annual initiative promotes growth for companies offering digital solutions in the residential and commercial real estate sectors.
Construction Launches for 42-Unit Affordable Housing in Boston
Explore the second phase of Talbot Commons, a notable addition to affordable housing in Boston, enhancing opportunities for private lenders in the sector.
Annual Increase of 40% in FHA and VA Purchase Mortgage Demand
Government purchase mortgage applications increased nearly 5% this week, reflecting a significant annual rise of 40%, indicating stronger market momentum.
Slight Increase in Mortgage Delinquencies Observed in First Quarter
Foreclosure inventory rises across conventional, FHA, and VA loans, yet stress levels for borrowers remain historically low, indicating market stability.
ServiceLink Enhances Its Closing Technology Solutions
Discover real-time scheduling enhancements that streamline closing processes, offering expanded choices for online and in-branch appointments for private lenders.
Indiana Sees 12% Increase in Home Sales
Discover the latest trends in Indiana's housing market, with median home prices rising 5% year-over-year, signaling growth opportunities for private lenders.