Expansion of A&D Mortgage’s Operations in Arkansas and Mississippi
A&D Mortgage, a non-QM wholesale lender, expands its reach with licenses to originate loans in Arkansas and Mississippi, captivating private lenders.
Yet another homeowners’ insurance company exits California.
As an industry expert, I provide clinical summaries of news. The Hartford, State Farm, and Allstate have decided to stop offering new homeowners' insurance policies in California from February. Learn more about this development.
Expect a Rise in Condo Communities Anticipated for the Future
Community associations play a significant role in the U.S. housing market, with over 30% of housing stock represented. Check out the forecast for an increase in condo communities by 2024.
Fannie Mae enhances HomeReady program with $2,500 temporary credit
Discover how the latest steps by the GSE have strengthened best efforts commitments on HomeReady, providing valuable insights for private lenders.
Introducing American Real Estate Association, the NAR Alternative
Introducing American Real Estate Association: The alternative to NAR, challenging the status quo. High-profile agents launch bid for change in profession. Learn more.
Increase in mortgage delinquencies attributed to calendar impact, according to industry expert.
Looking for insights on mortgage industry news? Delinquencies in December slightly increased, but it's important to note that the rise is mainly attributed to calendar effects. Discover more here.
Strategies for Addressing Buyer Interest in Lowball Property Offers
Learn how to handle lowball offers in the mortgage industry with this four-step Anti-Lowball Action Plan. Understand the difference between asking price and market value in order to make informed decisions.
Mortgage Demand Rises, According to MBA Study
Discover the latest updates in the mortgage industry! Learn about the rising demand for mortgage loans as buyers secure homes ahead of the upcoming spring buying season. Ideal for private lenders.
Sources state NAF in discussions to acquire Draper & Kramer Mortgage Corp.
"Key mortgage industry negotiations near finalization as details come together, providing valuable insights for private lenders. Stay informed."
Real estate market loses steam amid rising interest rates, reveals Altos report.
"After a period of growth, the real estate housing market slows down with rising interest rates. Valuable insights for private lenders seeking opportunities."