UWM to Acquire Two Harbors, Significantly Expanding Servicing Portfolio
United Holding Corp. plans to acquire Two Harbors Investment Corp. in an all-stock transaction valued at $1.3 billion, redefining the real estate investment landscape.
Supreme Court rejects REX’s request for a rehearing of its petition.
The Supreme Court declined REX's appeal regarding its antitrust case against NAR and Zillow, potentially impacting real estate market dynamics for private lenders.
Jobs Data Reflects Signs of Economic Softening
Job market fluctuations saw negative revisions for August and September, with a 100,000+ job loss in October offset by a +64,000 gain in November.
Google Enters Competitive Landscape with MLS Listings in Selected Cities
Google is testing embedded home listings in mobile search, raising questions among private lenders about implications for portal stocks and market dynamics.
Florida Property Insurance Market Shows Signs of Recovery from Recent Low
The mortgage market has stabilized, recovering from past litigation and insurer challenges, presenting new opportunities for private lenders to explore.
Builder Confidence Sees Minor Increase Amid Ongoing Pessimism
Builder confidence has made a slight improvement, yet 40% are reducing prices, indicating ongoing caution in the market. Explore the full details.
CFPB’s ECOA proposal prompts concerns about women’s mortgage access.
The CFPB's proposed changes to ECOA rules may restrict credit access for women, communities of color, and rural residents, impacting private lenders' portfolios.
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.