Mortgage Applications for New Homes Show 9% Year-Over-Year Increase
MBA builder application survey data reveals a 9% year-over-year increase in new home loan applications, indicating a positive trend in housing demand.
Biden Administration Files Lawsuit Against Greystar in Real Estate Sector
FTC sues Greystar for misleading tenants with undisclosed fees, driving rents beyond advertised prices. Implications for rental market transparency examined.
Has the decline in foreclosure activity indicated housing market stability?
Attom's latest foreclosure report reveals a 10% decline in filings from 2023 and a significant 35% drop compared to pre-pandemic levels, indicating market stability.
Foreclosure Activity Declines by 10% in Recent Period
Foreclosure filings saw a notable decrease, with over 28,000 properties affected. Explore the implications for private lenders and market trends.
Alexander Brothers Denied Bail on Federal Charges of Sex Trafficking
Former luxury real estate brokers Tal and Oren Alexander remain in jail after bond denial in federal sex trafficking case, alongside brother Alon.
D.R. Horton Launches Sales in New South Carolina Community
Discover insights on new home community developments from D.R. Horton, highlighting emerging opportunities for private lenders in the expanding South Carolina market.
Cyberbacker CEO arrested for providing marijuana to young son.
Cyberbacker CEO Craig Goodliffe faces serious legal issues following his arrest for allegedly providing his young son with marijuana candy, leading to multiple charges.
HUD Reaches Settlement with PHH over FHA Rule Violations on Fees
HUD's settlement with PHH addresses alleged fees linked to mortgage payments, highlighting regulatory scrutiny and potential implications for private lenders.
CFPB reports over 400,000 mortgages potentially underinsured for flood risk.
The CFPB's report reveals that numerous mortgaged properties in the southeast and central southwest may lack adequate insurance coverage, posing risks for lenders.
Steps to Take for Wildfire Damage and Reverse Mortgages
Prompt action is crucial for homeowners facing wildfire damage. Experts advise contacting servicers immediately to discuss assistance options and resources.