Philadelphia's new initiative aims to combat deed fraud, revealing over 100 cases involving forgeries of deceased homeowners. Discover the system's impact on the industry.
Today's jobs report underperformed, leading to a decline in mortgage rates as the Federal Reserve reassesses its outlook on the labor market's strength.
Kimber White will resume his role as NAMB president, prioritizing initiatives for housing affordability and enhancing mortgage education for industry stakeholders.
PennyMac plans to retain servicing on all non-QM products, signaling a strategic focus that may benefit private lenders in the evolving mortgage landscape.
Private lenders can enhance their operations as a group focuses on sharing best practices, identifying opportunities, and improving referral programs for mutual benefit.
Pennymac will maintain servicing for all non-QM products, accessible via its TPO channel, enhancing options for private lenders in the mortgage market.
Refinance applications experienced a modest rise, primarily due to increases in FHA and VA activity, while conventional refinance requests saw a decline.
Explore insights on the potential housing emergency declaration by Secretary Bessent and its implications for the private lending landscape. Read more.
Explore the implications of Social Security's funding shortfall on private lending, as benefits consistently surpass revenues, influencing financial decisions.
Las Vegas home prices show a slight decline while inventory surges, providing potential opportunities for private lenders in the evolving market landscape.
