Fannie Mae Announces Layoff of 700 Employees
Fannie Mae reportedly laid off 700 employees recently, raising concerns about operational changes and market stability in the mortgage industry.
Declining mortgage rates are increasing demand in the housing market.
Tariff developments have influenced the 10-year yield, keeping mortgage rates lower than they would be otherwise. Understand the impact on private lending.
VA to Discontinue Mortgage Assistance Program for Veterans
MBA CEO Bob Broeksmit expresses concerns over the termination of the mortgage rescue program for veterans, highlighting potential impacts on the housing market.
Job Growth Surpasses Expectations in Recent Employment Report
Strong job numbers may prompt the Fed to reconsider potential interest rate cuts, even amid a declining stock market, impacting private lenders and market dynamics.
Sierra Pacific’s Innovative Growth Strategy Beyond Traditional Methods
Suzy Lindblom, COO of Sierra Pacific Mortgage, discusses growth strategies and how the company adapts to the evolving lending landscape for private lenders.
Avanti Residential Launches Affiliate Focused on LIHTC Initiatives
Avanti Residential launches a new affiliate in Tampa, targeting high-growth urban markets with a focus on low-income housing tax credits. Discover more.
Two-Thirds of Condos Sold Below Asking Price in February
Rising insurance costs and new safety regulations are significantly affecting the condo market, leading to increased HOA fees and lower sale prices.
Roam Secures $11.5 Million to Enhance Access to Assumable Mortgages
Roam, a New York-based platform facilitating home purchases with assumable low-rate mortgages, has raised $11.5 million in Series A funding from Khosla Ventures.
Fathom launches ‘Elevate’ agent program featuring a 20% commission split.
Fathom Realty's new initiative features a 20% commission split for agents, enhancing operational efficiency with tailored support services for private lenders.
Newberry Homes Launches Six-Home Community in Orlando Market
Explore Newberry Homes' new six-home community in Orlando, highlighting opportunities for private lenders in a growing market. Read more for insights.