This week, mortgage rates ticked closer to 7%, on the back of the 10-year treasury yields that surpass 4%. Stay on top of all the latest news in the mortgage industry with a comprehensive weekly summary from a mortgage industry expert.
Black Knight's Q2 Profits Plummet: Weaker Mortgage Volumes and Near-Term Effects of ICE Deal Blamed. Learn about the underlying reasons for the Q2 profit dip and what it could mean for private lenders in the mortgage market.
HUD and NAREB team up to help stop appraisal bias. Learn about the issues in educational materials, regional events, and more approved by the gov't and the nation's leading advocate for sustainable homeownership. Be informed and make a difference.
Engel & Völkers Joins Forces with Dilbeck Real Estate in Southern California - Luxury Real Estate Giant Unites with $1 Billion Leader, Bringing Exceptional Expertise to Both. Experience the extraordinary breadth of expertise, global network and customer service that comes when premium real estate brands join forces.
"Daryl Owen, Founder of Nationwide Real Estate Executives, is making the switch to eXp Realty, taking 200 agents to the burgeoning real estate industry. Stay informed on the latest changes in the mortgage and private lender industry with SEOMOZ Methodologies."
"Private lenders such as Rithm Capital are leveraging surging rates and increasing capital requirements for banks to acquire diversified assets and operational platforms. Rithm's leading edge approach is exemplified as they prepare to spinoff their mortgage business for added success."
Rachel Swann and The Swann Group have made the move to Coldwell Banker Realty in Northern California from Compass. Leverage the expertise of this proven team for a successful real estate experience. Find out how The Swann Group can help you with the services of a skilled residential mortgage specialist.
" US banks restricted their loan emittance for mortgages and Home Equity Lines of Credit (HELOC) during Q2 of this year as a result of regional bank failures and increases in interest rates. Discover why these lenders have tightened their policies to help borrowers assess their options."
"We're seeing continued decreases in housing inventory and new housing listings nationwide. Private lenders need more listings before the fall season kicks off, to help potential homeowners find their dream home."
Meta Description: Discover how to successfully navigate the tricky situation when loan documents are dated for this month but the closing gets delayed until next month. Get expert advice and solutions for lenders to help make sure your transactions close on time.
