The Potential Losses for Homebuyers in Commission Lawsuits: A Perspective from AIME
As an industry expert, discover the potential drawbacks for VA buyers even if agent commissions become non-compulsory. Valuable insights for private lenders.
Who benefits from the increased Conforming and FHA loan limits in 2024?
As an industry expert, I provide insightful summaries on mortgage news. Explore how the rise in loan limits may impact home affordability for private lenders.
Introducing HousingWire’s Tech Trendsetters in the Mortgage Industry
Discover how industry leaders are utilizing cutting-edge fintech and proptech solutions to navigate the changing housing market for private lenders.
Pending home sales reach two-decade low, highlighting market decline
Pending home sales in October fell to lowest levels since 2001 due to high mortgage rates; however, the Northeast saw a monthly increase in transactions. An insightful update for private lenders.
Stephen Sondheim’s NYC Townhome Sold for $7 Million.
Two offers made on the NYC townhome listed in July. Stephen Sondheim’s property sold for the asking price of $7 million. Discover more in Weekly Real Estate News.
Is 2024 the Year of Attainable Homeownership?
Looking ahead, Realtor.com predicts mortgage rates to decrease in 2024, reaching an average of 6.5% by year-end. Learn more about affordable homeownership in the coming year.
Ginnie Mae updates guidelines, revising definition of high-balance loans
As an industry expert, I provide insightful summaries for mortgage-related news. Stay informed with the latest high-balance loan guidance by FHFA for private lenders.
Moody’s predicts decline in Nonbanks’ profitability over next quarters
Nonbank mortgage companies saw improved profitability in Q3, outperforming Q2. Private lenders can gain insights on the industry's growth potential.
FHFA Raises Conforming Loan Limit to $766,550 in 2024
As a mortgage industry expert, I provide insightful summaries on industry news. Find out about the baseline conforming loan limit for private lenders in 2024 at $766,550.
The scarcity of new homes for sale: Exploring the reasons behind the shortage.
Discover the scarcity of new homes for sale in the US, with only 76,000 available despite a population of 335 million. Valuable insight for private lenders.