UWM Establishes Ambitious Production Target for 2028
UWM's recent growth highlights a significant 28% year-over-year increase, surpassing $137.8 billion in originations, emphasizing opportunities in the wholesale lending sector.
Better Utilizes AI and Achieves First Profitable Month Since 2022
CEO Vishal Garg reveals a strategic plan focused on scaling partnerships, attracting experienced loan officers, and expanding the company's platform channels.
Judge Dismisses John Davis’s Controversial RICO Suit Against Keller Williams
A Keller Mortgage employee reported alleged sexual misconduct involving John Keller, resulting in her termination. The filing raises serious concerns about workplace ethics.
Inflation Concerns Remain, With Anticipation for May’s Economic Report
Explore how President Trump’s global tariff strategy has impacted inflation trends, providing insights relevant to private lenders and the broader economic landscape.
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.