Hagens Berman Seeks Plaintiffs in Compass MRED Class Action.
Firm claims 98% market share; Compass finds 4.6% higher sale prices after pre-MLS marketing - implications for private lenders:pricing, risk and deal flow.
The Fed’s rate rise affects private lending and DSCR.
Fed rate hike shifts private-lender outlook; Kevin Kim explains rising DSCR rates and implications for underwriting, cost of capital, and lending strategy.
Real estate professionals should understand the Fed’s rate hike.
Housing professionals report that shifts in market signals create an immediate psychological reaction among both homebuyers and sellers, and that reaction materially shapes near‑term behavior. Buyers often move from active search to caution or acceleration depending on headlines and perceived risk, altering demand patterns [...]
Mortgage Bankers Association sues over New Jersey disparate-impact rule.
MBA asks court to block New Jersey disparate-impact rule, arguing it conflicts with federal civil-rights law and unduly pressures private lenders broadly.
Federal court denies Zillow injunction, sends MRED claims to arbitration.
An Illinois judge has paused litigation by Zillow against Compass while the disputed matters proceed to arbitration. The court’s stay effectively halts the public lawsuit, shifting the immediate dispute-resolution pathway from the courthouse to an arbitral forum that policymakers and courts routinely prioritize when [...]
Former Florida title attorney pleads guilty in unrecorded mortgage scheme.
Florida title attorney pleaded guilty to wire fraud using unrecorded mortgages, diverted payoff funds and false title assurances—alert for private lenders.
NRMLA says lenders retain risk when using sponsored TPOs.
The National Reverse Mortgage Lenders Association issued an advisory opinion asserting that lenders who offer Home Equity Conversion Mortgages bear responsibility for supervising sponsored third‑party originators. The guidance frames supervision as a core compliance obligation rather than optional vendor management, signaling that oversight must [...]
Alliant Credit Union selects Blend for digital mortgage and home equity.
Alliant CU moves mortgage and home-equity origination to Blend, enabling automated prequalification-to-closing workflows for nearly one million members now.
HomeSmart and loanDepot execute marketing agreement.
HomeSmart has entered a co-marketing agreement that gives its agents a direct channel to loanDepot’s mortgage products and services. The deal creates streamlined referral pathways, co-branded marketing and access to loan product menus intended to shorten the trajectory from listing to loan origination. By [...]
DSCR loans expand amid fragmented underwriting standards.
Rampant, high-profile mortgage fraud centered in Baltimore has forced the industry into a defensive posture, driving lenders, investors and servicers to revisit underwriting thresholds and risk appetites. Market participants report expanded verification requirements for income, assets and identity, more stringent appraisal reviews, and the [...]