Global luxury real estate market slows, with New York showing resilience.
Global super-prime home sales decreased 21% in volume and 29% in value, revealing contrasting trends between New York and London in luxury real estate markets.
Benchmark Realty Advocates for Transparency in Referral Fees
Tennessee brokerage mandates written disclosures on referral fees, enhancing transparency for agents and clients in private lending transactions.
RealPage and DOJ Reach Settlement in Antitrust Rental Pricing Case
RealPage can avoid financial penalties but must cease using competitors' nonpublic data for rental pricing, emphasizing fair practices in the industry.
Small Rise in Mortgage Demand Driven by Purchase Applications
Mortgage applications increased by 0.2% last week, driven by a rise in government purchase loan applications, highlighting resilience in the market.
Alabama Home Sales Experience Decline in October
Alabama's median home sales price increased 7.6% month-over-month and 19.7% year-over-year, highlighting potential shifts in market dynamics for private lenders.
Note Servicing Center Nominated for Best of Notes 2025
VOTE FOR US Vote for Us We are proud to share that Note Servicing Center has been officially nominated for the Best of Notes 2025 Awards. With more than 40 years of continuous service in the note industry, this recognition reflects long-standing [...]
SitusAMC Reports Cyberattack and Data Breach in Real Estate Sector
SitusAMC, a key player in real estate technology, recently experienced a contained cyberattack, raising concerns about cybersecurity in the industry.
Pending Home Sales Hit Multi-Year High as Mortgage Rates Approach 6%
Mortgage rates have stayed below 6.64% for 16 weeks, contributing to an increase in total pending home sales, presenting opportunities for private lenders.
Demystifying Borrower Workouts: A Comprehensive Glossary for Private Mortgage Servicing
Core Borrower Workout Terminology Glossary Understanding the specialized language of borrower workouts is essential for mortgage lenders, brokers, and investors navigating the complexities of private mortgage servicing. This glossary provides clear, concise definitions tailored to help you gain clarity without unnecessary jargon, enhancing your [...]
The Essential Glossary of Mortgage Workout Terminology for Lenders and Investors
Here is a glossary of core borrower workout terminology, designed for mortgage lenders, brokers, and investors: Loan Modification A Loan Modification is a permanent change to the original terms of a mortgage loan, such as the interest rate, loan term, or even the principal [...]