Mississippi Slows as Market Gap with U.S. Expands Further
Mississippi homes currently take a median of 91 days to sell, exceeding the U.S. average and indicating increased buyer leverage in the housing market.
Fannie Mae and Freddie Mac to close New York offices amid AG practices.
Fannie Mae and Freddie Mac are permanently closing their New York offices, citing concerns over Attorney General Letitia James's practices affecting operations.
Increased tariffs on wood and furniture may elevate housing costs.
New tariffs on imported timber and related products may impact construction costs and housing markets, presenting challenges for private lenders in financing.
Court Dismisses Challenge by N.J. Mayors to Affordable Housing Legislation
Court rulings have upheld a controversial law despite previous attempts to block it, presenting potential implications for private lenders navigating the evolving legal landscape.
Georgia Metros Exhibit Significant Variation in Days on Market
Explore Georgia's housing market dynamics, where Hinesville properties sell quickly while Brunswick faces challenges. Understand the driving factors behind these trends.
Alabama’s Housing Market Shows Increasing Affordability Disparity
Alabama's housing market shows a divide: affordable homes sell quickly while higher-priced listings remain. Explore the effects on buyers and sellers.
West Capital Lending Collaborates with Mortgage Connections
West Capital partners with a Michigan brokerage to enhance its national reach and strengthen its presence in the Midwest market for private lenders.
Better Introduces Bank Statement HELOC for Small Business Owners
A new HELOC option enables self-employed borrowers to tap into home equity without the need for tax returns, W-2s, or profit-and-loss statements.
Five states file lawsuits against Zillow and Redfin regarding $100M rental deal.
Attorneys general in Virginia, Arizona, New York, Connecticut, and Washington initiate lawsuits mirroring the FTC's actions, impacting private lending practices.
Explaining Business Purpose and Consumer Loans
Understanding the key differences between business purpose and consumer loans is essential for private lenders to assess risk, compliance, and borrower eligibility effectively.