LoanDepot Lawsuit Highlights Loan Officer Compensation Practices
"Attorneys highlight that lenders may permit compensation linked to lead sources and internal loan transfers, a practice underscored in the loanDepot case."
Barry Habib Joins Fannie Mae’s Board of Directors
Barry Habib's appointment to Fannie Mae's Board of Directors signals potential shifts in industry strategies, offering insights for private lenders seeking to adapt.
Lawmakers Express Support for FHFA’s Adoption of VantageScore 4.0
Nearly two dozen Congress members endorse the FHFA's approval of VantageScore 4.0 for GSE-backed mortgages, potentially impacting private lending criteria.
Century 21 expands its operations in Baltimore.
Discover how Century 21 Advance Realty's new location strategically bridges Baltimore and Washington, D.C., enhancing accessibility for diverse clientele.
The leading ten reverse mortgage loan originators in the nation
Explore the latest insights as Reverse Mortgage Daily ranks the national top 10 lenders, with data sourced from Modex, tailored for private lending professionals.
Miami Agent’s $25 Million Success in Selling Condos to Plastic Surgeons
Miami Realtor Efrain Daza shares insights into his success in closing over $25 million by specializing in the needs of Colombian plastic surgeons.
New York State Housing Inventory Reaches Near Three-Year High
New York's home prices have risen for 23 consecutive months, while housing inventory approaches a three-year high, impacting market dynamics for private lenders.
Existing Home Sales Decline as Median Home Price Reaches New Peak
Private lenders should note the continued trend of rising home prices amid declining existing home sales, highlighting potential market shifts and investment opportunities.
Opendoor Stock Tumbles Following Reddit-Driven Surge: To HODL or Not?
Opendoor stock plummets to $2.05, marking a significant drop of almost 50% in mere hours. Private lenders should monitor this volatility closely.
Mortgage Demand Remains Strong, Surpassing Previous Projections
MBA reports a decline in refinance applications, yet activity remains above last year's levels despite sustained high interest rates, signaling market dynamics.