Proposed House Bill Aims to Provide Mortgage Insurance Relief for FHA Borrowers.
New legislation proposed in the House aims to eliminate mortgage insurance premiums for FHA borrowers once they achieve specified home equity thresholds.
Examining AB 3108: Misrepresentations in Business Purpose and Bridge Loans
Assembly Bill 3108 addresses misrepresentations in business purpose and residential bridge loans, impacting compliance for private lenders in California.
Examining Misrepresentations in Business Purpose and Residential Bridge Loans
Explore the implications of AB 3108 on misrepresentations in business purpose and residential bridge loans, shaping guidelines for private lenders in California.
How a Reverse Mortgage Prevented Bankruptcy for One Client
Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.
Single-Family Housing Starts Increase by 6.4%
Privately-owned housing starts experience a slight decline, indicating potential shifts in market dynamics that private lenders should monitor closely.
Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates
Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.
United Real Estate Strengthens Midwest Presence with Kansas City Merger
Dallas brokerage expands in the Midwest through the merger of affiliate Platinum Realty with SunWest Real Estate Advisors, enhancing industry presence and collaboration.
Mortgage Demand for New Homes Declines While Market Remains Resilient
November saw new single-family home sales estimated at a seasonally adjusted annual rate of 713,000 units, highlighting trends beneficial for private lenders.
Anywhere Facing Racketeering Charges in Minnesota Legal Action
Industry leaders face legal challenges as allegations arise of a fraudulent home purchase scheme involving Anywhere and other key players in the market.
Tim Weisheyer discusses servant leadership and its impact on business success.
Join Tim Weisheyer on the RealTrending podcast as he discusses his journey in real estate and the principles of servant leadership that guide his business philosophy.