Five Strategies for Agents to Foster Optimism in Their Work
Discover how real estate leaders leverage optimism to foster resilient teams, inspire clients, and enhance outcomes in unpredictable market conditions.
Private Mortgage Note Terms: Your Essential Guide for Investors & Servicers
Promissory Note At its core, a Promissory Note is a written promise by a borrower to repay a specific sum of money to a lender under agreed-upon terms. It outlines the principal amount, interest rate, payment schedule, and maturity date. For private mortgage investors, [...]
Advocacy Groups Address Decline in Fair Lending Oversight Efforts
DOJ rescinds disparate-impact liability within Title VI regulations, reflecting a trend of reduced enforcement in fair lending by federal agencies, impacting private lenders.
Increase in Refinancing Drives Mortgage Application Growth
Mortgage applications rose 4.8%, fueled by an increase in refinancing activity, indicating shifting borrower sentiment in the current market.
Average Buyer’s Agent Commissions Increased Slightly After NAR Rule Changes
Buyer's agent commissions have increased slightly, reflecting minimal changes over recent quarters. Explore insights on the evolving commission landscape here.
New York State Increases Property Tax Exemption for Seniors to 65%
New legislation increases property tax exemptions for income-eligible seniors from 50% to 65%, potentially impacting local government finances and private lenders.
MBA Expresses Support for Proposed Reduction in Community Banks’ Leverage Ratio
Federal regulators propose reducing the CBLR to 8% and extending compliance grace periods for community banks, offering greater flexibility in financial management.
Trade Groups Call on Congress to Pass Long-Term NFIP Legislation
Housing trade groups advocate for Congress to reauthorize the NFIP, emphasizing its vital role in protecting millions of homeowners from flood risks.
Navigating Private Mortgage Risks: A Glossary for Lenders & Investors
Loan-to-Value (LTV) Loan-to-Value (LTV) is a crucial financial ratio comparing the amount of a mortgage loan to the appraised value of the property securing it. For private lenders and investors, a lower LTV generally signifies less risk, as it indicates a larger equity cushion [...]
NWMLS and Compass Seek Delayed Trial Date Beyond June 2026
Court proceedings for a case involving NWMLS and Compass may see a delayed trial date, with NWMLS planning counterclaims. Stay informed on potential impacts.