Corcoran Launches Its First Affiliate in Long Island
Explore expert insights on residential brokerage, new developments, and investment opportunities in Long Island, tailored for private lenders seeking growth.
Nationwide Mutual alleges consumer confusion in trademark lawsuit against lender.
Nationwide Mutual Insurance Co. is suing Nationwide Mortgage Bankers, claiming trademark infringement over profit gains linked to its name and reputation.
Xactus Acquires Mortgage Credit Link from MeridianLink
Xactus has acquired Mortgage Credit Link, enhancing its credit and verification data services. This strategic move strengthens order fulfillment capabilities for lenders.
RE/MAX Select Attributes Transaction Growth to Collaborative Efforts
REMAX Select experienced a 67% growth in sides, totaling 7,005 transactions, driven by enhanced collaboration and strong internal referral strategies.
Luxury Home Prices Increase by Almost 4%
Luxury home listings increased by 2% year-over-year, outpacing non-luxury listings, with prices rising nearly 4%, signaling a competitive market shift.
Changes Ahead for Home Equity Cap Linked to Medicaid Eligibility
New Medicaid rule to limit home equity to $1 million for long-term care eligibility may impact senior homeowners and private lenders in the coming years.
FHA to Maintain Tri-Merge Credit Reports with New Scoring Model Shift
The FHA will maintain tri-merge credit report requirements to ensure prudent risk management during its transition to new credit scoring models, impacting lenders.
Housing demand remains strong, nearing negative year-over-year inventory
Despite potential negative year-over-year trends, current inventory levels indicate a significantly healthier market compared to the 2020-2023 period.
HouseAmerica Financial Merges with All Western Mortgage
HouseAmerica Financial partners with All Western Mortgage, a $500M lender, to support AWM's expansion in California, targeting $3B funding goal.
April Sees Decline in Single-Family Housing Starts, Growth in Multifamily Market
April housing starts increased by 4.6% year-over-year, though single-family starts saw a 2.4% decline, while new home inventory dropped 4.6%.