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.
Jeff Glover Sells Ownership of Keller Williams Offices in Michigan
Glover, majority owner of three market centers, drove nearly $1 billion in sales volume. Insights into strategies and market trends available for private lenders.
Evaluating Google’s Real Estate Strategy at the AI Summit
Explore insights from HousingWire's AI Summit featuring Dan Snyder and Chris Rediger as they discuss the transformative impact of AI on home discovery.
Trump Considers Federal Action Against Mamdani’s Pied-à-Terre Tax
Explore the implications of Trump's stance on federal intervention regarding the proposed pied-à-terre tax, impacting market dynamics and private lending strategies.