Private Mortgage Lending & Note Servicing Glossary: Essential Terms Explained
A plain-language glossary of private mortgage lending and note servicing terms—from hard money loans to loan modifications—for lenders, brokers, and note investors.
Meritage Q1 report highlights the growing role of incentives in the market.
Amid rising challenges for public homebuilders, Meritage Homes' recent earnings reveal a decline in orders, highlighting a tough operating environment for the industry.
Pritzker’s Recognition Fuels Intensified Housing Reform Efforts in Illinois
Illinois Gov. J.B. Pritzker's housing reform agenda faces growing opposition as supporters and detractors present their views, impacting private lending dynamics.
MRED Expands Private Listing Network Nationwide with Support from Compass
Discover how Compass is enhancing homeowner options by expanding the private listing network nationally, empowering sellers and enriching market dynamics.
Efforts to Introduce Property Tax Elimination Measure in Ohio Ineffective
Explore the challenges faced by Ohio's property tax abolition initiative as it strives to secure necessary signatures for a ballot measure amidst county requirements.
M/I Homes Maintains Order Pace Amidst Margins Pressure
M/I Homes focuses on spec-heavy deliveries, achieving a 3% increase in sales despite a 4% average price drop to $459,000 and a declining gross margin.
Citizens Report: Homeowners Embrace a ‘Stay and Upgrade’ Approach
Citizens reports 71% of homeowners plan renovations in two years, with 63% potentially needing financing in five. 39% lack clarity on their options.
The Impact of Lower Score Fees on Overall Mortgage Costs
Explore the FICO vs. VantageScore debate, focusing on lender choice and its implications for adverse selection and secondary-market pricing in mortgage costs.
Illinois Sees a 3.1% Increase in Home Sales
Illinois home prices see a significant increase with a 6.8% rise year-over-year, highlighting trends relevant to private lenders and the real estate market.
Home-Sale Agreement Cancellations Rise to 13.4% in March
San Antonio experienced the highest rate of early home purchase agreement terminations among major metros, highlighting challenges in the current housing market.