Increase in Home Sellers and Sales Activity
High mortgage rates pose a significant risk for private lenders, as the bond market sustains elevated rates despite stock market recovery.
Illinois Legislation Aims to Establish CCP in State Law
H.B. 3452 aims to amend state licensing laws, with backing from Zillow and NAHREP, potentially influencing private lenders' operational landscape.
Michael Maher to Head Referral Training for KW MAPS Program
Learn how the creator of the “Referral Mastery System” is collaborating with Keller Williams to enhance agent skills with a new summer program aimed at private lenders.
Longbridge Reports Q1 Loss While Leaders Highlight Positive Contributions
Longbridge reported a Q1 loss; however, its parent company maintains confidence in its overall contribution to profitability in the private lending sector.
Washington, DC Metro Area Sees 25.1% Increase in Active Listings
Median home prices increased by 4.1% to $600,964, while active listings in the Washington, DC metro area surged by 25.1%, indicating market growth.
Offerpad and Auction.com Establish Partnership for Real Estate Transactions
Offerpad’s Renovate division to become a preferred provider of property renovation services for Auction.com buyers, enhancing investment opportunities for private lenders.
Does Home Staging Accelerate Sales and Increase Transaction Prices?
Home staging significantly enhances a buyer's ability to envision living in a property, with 83% of agents confirming it accelerates sales and increases prices.
American Pride Bank Introduces Third-Party Mortgage Origination Program
Discover how American Pride Bank, through partnerships with brokers, is expanding access to homeownership for Americans and enhancing mortgage options.
HUD Provides Disaster Assistance to Virginia After Presidential Declaration
HUD is providing relief options for FHA-insured mortgages following a presidential disaster declaration, aiding affected borrowers and private lenders alike.
Enhancing Borrower Experience: The Key to Navigating Future Refinances
As demand shifts to short bursts with slight rate drops, private lenders must adapt quickly to manage operations and capitalize on new market patterns.