Freddie Mac Securitizes Initial Newrez Mortgages Using VantageScore 4.0
Newrez has successfully originated approximately $10 million in mortgages utilizing VantageScore 4.0, now securitized by Freddie Mac, enhancing private lenders' insights.
Virginia Sees Almost a 9% Increase in Home Sales
Virginia's housing market shows a notable increase with 14,846 new listings, reflecting a 6.7% rise year-over-year, indicating growing opportunities for private lenders.
Top Agents Establish Tone Within the First 15 Minutes
Top agents excel by prioritizing client listening, asking insightful questions, clarifying processes, and quickly adapting to cues for successful interactions.
DOJ Ends Investigation Related to the Fed, May Facilitate Warsh Confirmation
The DOJ has concluded its investigation into Jerome Powell's congressional testimony, potentially paving the way for Kevin Warsh's nomination as his successor.
Illinois Sees a 3.1% Increase in Home Sales
Illinois home prices see a significant increase with a 6.8% rise year-over-year, highlighting trends relevant to private lenders and the real estate market.
Lawmakers Address Retirement Challenges for Family Caregivers
Recent data reveals that about 10% of U.S. adults care for an aging parent, highlighting a growing demographic shift that may impact housing and lending trends.
HUD and FHFA Revise Credit Scoring Models for Mortgage Lending
Mortgage Bankers Association's Bob Broeksmit emphasizes modernization of credit scoring, signaling potential shifts in lending practices and risk assessment.
Real Estate and Title Professionals: Key Players in Combating Fraud
Quick reporting and preservation of evidence are crucial in addressing schemes that caused $275 million in losses, protecting private lenders from future risks.
Hawaii Residents Allocate the Largest Share of Income to Housing Costs
Iowa leads in low housing cost burden, while Hawaii residents allocate the highest income percentage to housing. Explore the full findings and implications.
Home-Sale Agreement Cancellations Rise to 13.4% in March
San Antonio experienced the highest rate of early home purchase agreement terminations among major metros, highlighting challenges in the current housing market.