Senate Bill Proposes Including Unconverted Crypto in Mortgage Underwriting
The 21st Century Mortgage Act mandates Fannie Mae and Freddie Mac to assess digital assets directly, eliminating the need for conversion to U.S. dollars.
Compass Acquires Cottingham Chalk, a Charlotte-Based Real Estate Firm
Compass has made its second acquisition this month and fifth in a year, aiming to capture 30% market share across 30 strategic markets.
Annual home price growth reached its lowest level in two years in May.
Home prices increased 2.3% year-over-year in May, a slight decline from April's 2.7% rise, indicating shifts in housing market dynamics.
Figure Enhances Intellidebt Services for Debt Consolidation Solutions
Discover how Intellidebt has helped 6,000 Figure customers raise their FICO scores by an average of 27 points in just one month, enhancing credit potential.
California Wildfire Recovery Legislation on Hold Until 2026
Legislators respond to social media backlash, addressing concerns over claims that low-income housing initiatives could disrupt the Pacific Palisades community.
MBA Reports 10% Increase in Home Equity Debt, Highlighting Its Popularity
MBA's Home Equity Lending Study indicates lenders anticipate nearly 10% growth in HELOC debt and about 7% in home equity loan debt moving forward.
Congress Reintroduces Legislation for Flood Insurance Relief
Explore the implications of new flood insurance relief legislation for private lenders, focusing on income thresholds and potential impacts on borrowers.
Lawmakers Express Support for FHFA’s Adoption of VantageScore 4.0
Nearly two dozen Congress members endorse the FHFA's approval of VantageScore 4.0 for GSE-backed mortgages, potentially impacting private lending criteria.
Single-Family Home Sales Show Modest Increase in June
Sales of new single-family homes showed a small increase, suggesting a cautious recovery in the housing market. Analyze trends that may affect lending opportunities.
Home Sale Profits Experience Modest Increase in Second Quarter
Discover the impact of rising home sale profits in major West Coast metros and what it means for private lenders navigating today's real estate landscape.