Legal Strategies to Maximize Loan Recoveries for Private Lenders in California
Effective loan recovery for private lenders involves understanding legal rights and evidence requirements beyond aggressive litigation in California’s loan market.
Two Harbors Criticizes UWM Lawsuit as ‘Frivolous’ Amid $600M Hedge Loss
Two Harbors Investment Corp. rejects UWM Holdings Corp.'s lawsuit, labeling it frivolous and meritless, highlighting ongoing tensions in the mortgage sector.
Tenth Circuit Affirms Dismissal of Homie Antitrust Case
Tenth Circuit upholds dismissal of Homie's antitrust case against NAR and brokerages, citing lack of credible conspiracy and timing issues.
Small Businesses Avoid Retirement Plans Due to Cost and Complexity Concerns
Research indicates that only about half of U.S. private-sector workers have access to employer-sponsored retirement plans, heavily impacting small businesses.
Josh Miller proposes three strategies to enhance agent technology adoption.
Miller emphasizes that the key to improving services is not just technology but aligning products with agents' existing desires and needs for efficiency.
NAR Reports a 1.7% Decline in Existing Home Sales for July
July saw a 1.7% drop in existing home sales to 4.06 million, while the median price increased by 2.0% to $434,100. Inventory declined to 1.54 million homes.
Maryland Judge Dismisses loanDepot’s Attempt to Dismiss LO Compensation Lawsuit
A federal judge has rejected loanDepot's attempt to dismiss a class-action lawsuit claiming violations of loan officer compensation rules and borrower steering practices.
Increasing Data Center Development Leads to More Homes Nearby
Home sales near high-capacity data centers have surged, indicating a growing trend in real estate's intersection with technology and infrastructure demands.
TPG Mortgage Investment Trust Acquires Cherry Hill Mortgage for $117.5M.
TPG Mortgage Investment Trust forms via acquisition of Cherry Hill forming a $9B residential mortgage portfolio—strategic implications for private lenders.
Borrowers Place Greater Trust in AI than in Mortgage Professionals
Research indicates that 50% of buyers trust AI as much or more than humans for personalized plans, revealing an opportunity for private lenders to enhance client safety.