Shilo introduces autonomous AI coaching for agent calls.
Discover Shilo's new AI sales coaching designed for private lenders, addressing 87% attrition and reducing lead waste by 40%-60% through agent call data analysis.
Finance of America Expands Its Lead as the Top HECM Lender
Finance of America led the Home Equity Conversion Mortgage sector in June, with a slight rise in retail endorsements, yet still behind last year's performance.
Partnership Aims to Provide 4,000 Affordable Housing Units in Los Angeles
A new partnership aims to convert the former LA World Trade Center into "Sky Castle," delivering 4,000 affordable housing units across Los Angeles.
CRMLS introduces ‘Limited Exposure Coming Soon’ listing feature
CRMLS introduces 'Limited Exposure Coming Soon' listings, allowing sellers to restrict internet visibility and exclude properties from IDX feeds for privacy.
Non-QM Originations Set to Reach New Post-Crisis Highs Soon
Non-QM production is projected to rise significantly, reaching $175 billion by 2026, indicating strong growth potential in the market for private lenders.
Luxury Home Price Increases Outpace Non-Luxury Growth by Threefold
Luxury home sales are increasing at a notable pace, highlighting a significant trend that could impact investment strategies for private lenders.
Beth Hammack’s Perspective on the Need for Additional Rate Hikes
Oil prices hovering around $70 may influence the economy, but persistent inflation and strong employment figures keep mortgage rates elevated amidst ongoing Fed discussions.
Case-Shiller Report Indicates Inflation Surpassing Home Price Growth
Case-Shiller index shows April increase of 0.8% amidst 3.8% inflation. The 20-city index up 1.1%, while Seattle experiences a decline of 2.3%.
Purchase loan closing costs decreased by 2.9%, according to LodeStar.
Purchase closing costs decreased by 2.9% across 28 states, with D.C. experiencing a significant drop of 21.1%, while Delaware saw a rise of 4.5%.
Hometap Expands Home Equity Investment Product to Five Additional States
Hometap broadens its Home Equity Investment product, now available in five additional states, providing homeowners cash in exchange for a share in future value.