Former NYC Prison to Transform Into Affordable Homeownership Community
Explore the transformation of a former NYC prison into an affordable homeownership complex in line with New York's vision to revitalize underutilized jails and prisons.
Fathom Realty to increase agent fees for enhanced earnings
As a mortgage industry expert, I write unbiased industry news summaries. Learn how Fathom Realty plans to increase revenue through agent fee adjustments in 2024. Discover why private lenders might find this development intriguing.
Commission lawsuits filed in Florida and Pennsylvania highlight industry copycat claims.
As an expert in the mortgage industry, I provide summaries of industry news. Discover recent lawsuits alleging price-fixing of agent commissions by brokerages, MLSs, and Realtor associations, beneficial for private lenders.
Pennymac to Issue $650 Million in Unsecured Debt
Pennymac Financial Services raises capital in a challenging market, addressing monetary needs for private lenders in the mortgage industry.
October Sees 4.7% Rise in Home Prices, CoreLogic Reports
Get insights into the mortgage industry news as CoreLogic foresees a decrease in annual home price growth to 2.9% by October 2024. Learn more here.
Fewer Buyers Willing to Delay for Home Price and Mortgage Rate Drops, Survey Finds
Discover why current homeowners are more willing to sell if their dream home becomes available, in the latest real estate news survey.
Strategic Coalition Uniting to Combat Homelessness in Dallas
"Discover how Housing Forward empowers the greater Dallas community in the fight against homelessness, achieving remarkable successes along the way. Learn more now."
Industry Expert Jeff Pancer Becomes EVP of Capital Markets at First Community Mortgage
An industry expert with vast experience in secondary markets, Jeff Pancer joins First Community Mortgage as EVP of Capital Markets.
Divorced couples compelled to cohabit as mortgage rates soar
Discover how high mortgage rates are impacting separated couples, compelling them to stay together post-divorce. Find out more in the latest Wall Street Journal report.
Understanding the REIT 100 Investor Assessment
Creating a Real Estate Investment Trust (REIT) in private lending provides several benefits. However, to maintain REIT status, it is vital to meet the requirement of having at least 100 equity holders. Learn more about the REIT 100 Investor Test.