New York Court Affirms Legality of Foreclosure Abuse Legislation
New York Court of Appeals reinforces homeowner protections with the upholding of the Foreclosure Abuse Prevention Act, limiting repeated foreclosure actions.
Is Homeownership Now Considered a Luxury Good?
First-time buyers constitute 21% of home purchases, with the median age increasing to 40. Explore trends in homeownership among younger demographics.
UWM’s New Technology Enhances Brokers’ Growth, Speed, and Control
UWM enhances Brand 360 with Canva, introduces Loan Lab and a new Income Calculator, streamlining workflows and offering brokers a competitive advantage.
Atlas VMS to Integrate AI Review Tool with AIM-Port Platform
New initiative streamlines manual reviews for lenders and appraisal management firms, enhancing consistency and quality in the appraisal process.
Decoding Risk: An Essential Glossary for Private Lending & Servicing
Core Risk Management Terms in Private Lending & Servicing Glossary Underwriting This is the critical process where a lender assesses a borrower's creditworthiness and the risks associated with a loan. For private lenders and investors, robust underwriting involves scrutinizing financial statements, credit reports, and [...]
Redfin advocates for climate risk transparency following Zillow’s data removal.
Redfin enhances transparency by integrating First Street climate risk data into listings, addressing buyer concerns and highlighting the importance of informed decision-making.
Louisiana leads in outbound migration trends once more.
Explore Atlas Van Lines' findings on U.S. mobility, highlighting how high housing costs impact relocation trends, with Arkansas and Idaho attracting new residents.
Senate Democrats caution that CFPB closure may impact prime interest rates.
Senate Democrats express concerns to the CFPB about potential disruptions in average prime offer rates (APOR) if efforts to close the agency proceed.
Boston Mayor Announces 13% Increase in Residential Property Taxes
In Boston, over 70% of the $4.6 billion budget relies on property taxes, predominantly from commercial real estate, highlighting shifts in tax dynamics.
Your Essential Glossary for Private Mortgage Note Investing
Promissory Note A legally binding written promise by the borrower to repay a specific sum of money to the lender or note holder under specified terms and conditions. It outlines the principal amount, interest rate, payment schedule, and maturity date. For private mortgage note [...]