Examining the Unique Characteristics of the 2026 Mortgage Layoff Cycle
"Explore the challenges facing the mortgage industry as job pressures rise, with flat loan volumes and advancements in technology reshaping the landscape."
Decline in Cash Homebuying as Market Stabilizes
Cash purchases for homebuying are declining, with states like Mississippi and Florida showing the highest shares. Insights for private lenders on market shifts.
California Home Sales Experience a Seasonal Slowdown
California's median home price dips below $900,000 for the first time in months, signaling potential shifts in the housing market. Discover more.
Independent Mortgage Banks Increase Profits as Costs Decline and Volumes Grow
Lenders achieved an average pretax net production profit of $973 per loan, highlighting current market trends and financial performance in the mortgage industry.
Lynn Beckstead, former president of SecurityNational Mortgage, has died
Obituary: veteran mortgage executive who founded a mortgage division, shaped origination and servicing practices; insights for private lenders and partners.
Better Opposes Garg’s Attempt to Regain Control, Citing Financial Losses and Board Issues
Better Home & Finance Holding Co. firmly resists former CEO Vishal Garg's attempts to regain leadership, citing his history of underperformance and board pressure.
The Next Phase of Real Brokerage’s AI: Enhancing Roles Instead of Replacing Agents
Discover insights from The Real Brokerage's CTO Pritesh Damani, who emphasizes the potential for 80% automation in real estate processes, enhancing efficiency for private lenders.
Forecast Indicates Rising Growth in Multifamily Rental Prices
"Recent trends indicate multifamily rent growth may exceed expectations, presenting potential opportunities for private lenders in the evolving rental market."
Newrez settles for $15.5 million concerning forced-place insurance practices.
Regulators in 46 states and DC have secured a $15.5M settlement with Newrez regarding lender-placed insurance charges, impacting the mortgage landscape significantly.
Senate Bill Aims to Enhance Tax Credit for Senior Homeowner Modifications
Senate proposal aims to support senior homeowners with a tax credit for essential home modifications, enabling them to age in place more comfortably.