East Tennessee Realtors Enhances MLS Data Distribution Using SourceRE
East Tennessee Realtors adopt SourceRE Marketplace and Data Dye to streamline MLS licensing, improve billing processes, and prevent unauthorized listing usage.
A New Source of Affordable Housing Supply Emerges
Auction.com reports a 23% YoY increase in foreclosure auction volume in Q2, driven by eased seller pricing and higher sales rates, potentially boosting affordable inventory.
The Rarity of 20% Down Payments in Commercial Real Estate Transactions
Rising interest rates increase debt service, leading to stricter DSCR requirements. Many commercial buyers now face higher equity demands for financing.
Kelley Blue Book Homes Launches Nationwide Expansion Initiative
Kelley Blue Book Homes expands its consumer platform to 11 states, enhancing options for buyers and private lenders in the evolving real estate market.
Housing market remains resilient despite rising interest rates.
As the 10-year yield reached 4.74%, pending sales rose to 69,109, accompanied by an increase in inventory to 872,932, indicating market shifts.
Regulators Aim to Narrow CRA, Facing Opposition from Advocates
Federal banking regulators have proposed changes to the Community Reinvestment Act, limiting credit for community development and increasing asset thresholds for smaller banks.
ICE Reports Record Quarter for Mortgage Technology Since 2022
ICE Mortgage Technology reported $557 million in Q2 revenue, reflecting a 5% year-over-year increase, alongside $45 million in operating income and an 8% margin.
FirstTeam and Purlin Discuss How AI Can Increase Workload if Misapplied
Private lenders gain insights as FirstTeam's Lauren Henss and Purlin's Tim Quirk discuss the current landscape of AI adoption in the brokerage sector.
Construction Begins on Affordable Senior Housing in Salt Lake City
Groundbreaking has begun for affordable senior housing in Salt Lake City, with projected completion by 2027, presenting investment opportunities for private lenders.
Decline in Foreign Purchases of US Existing Homes
Foreign buyer activity is decreasing in key US markets, with Florida, California, and Texas leading in transactions. Explore the implications for lenders.