Non-QM loans comprised 12% of production in the latest reporting period while the 30-year conforming mortgage rate stood at 7.39% by period end. That blend of market share and elevated benchmark pricing signals lenders are leaning on non‑qualifying mortgage channels to capture borrowers who [...]
The company’s founder, Dan Cooper, announced that five multiple-listing services (MLSs) have signed on to the platform, and he signaled that additional MLS partnerships are likely once outstanding contracts are fully reviewed. The disclosure underscores a deliberate growth strategy that balances rapid network expansion [...]
D.R. Horton and Promise Robotics scale 1,250+ factory-built homes; private lenders should assess build risk, capital needs, margins and unverified savings.
Blend's Autopilot adopted by ten lenders; AI processes 3,500+ new loans weekly—throughput, workflow impact and implications for private lenders origination
Better reports preliminary loan volume rose 15% year-over-year to $1.39B; Tinman AI platform volume surged 64%, signaling expanded private lending deployment
Wells Fargo's third-party servicing fell; JPMorgan's retail originations weakened — private lenders eye servicing and origination opportunities soon.
An industry association warns that proposed changes to asset thresholds used to determine community development eligibility would remove coverage for roughly 31 million people living in areas that would no longer meet revised criteria. The association contends that raising or recalibrating the asset tests [...]
Listing gaps: Redfin 32, Homes.com 27, Zillow 15, Realtor.com 12 — highlights potential off-market opportunities and acquisition leads for private lenders.
Mortgage rates eased modestly across key products, with FHA yields retreating from 7.59% to 7.37% and jumbo loans slipping about 10 basis points to 7.75%. The moves represent a small loosening for borrowers but were tempered by persistently elevated Treasury yields, which constrained the [...]
Private lenders: North Carolina tornado warnings and flooding spur property damage assessments, insurance claims and collateral risk reviews for portfolios.
