Virginia Insurance Commissioner Issues Alert About AOLs
Virginia's Bureau of Insurance identifies companies offering AOL products potentially classified as insurance, raising important implications for private lenders.
Mortgage Rate Declines Sharply Influence Housing Demand Trends
Discover how analyzing purchase application data reveals the effects of lower mortgage rates on borrowing trends for private lenders.
Fairway Home Mortgage Forms New Partnership with OpenAI
Fairway promotes Caleb Ondrusek to oversee technology and innovation in its new partnership with OpenAI, enhancing service delivery in the mortgage sector.
Majority of Boomers Indicate They Have No Plans to Sell Their Homes
Discover insights on generational attitudes toward homeownership, with 89% of boomers affirming it as a sound investment, and many opting to hold onto their properties.
Figure Expands the Size of Its Initial Public Offering
Company increases its IPO from 26.3 million to 31.5 million shares of Class A common stock, signaling strong market interest and investor demand.
The Reasons Behind a Top 1% Agent’s $9,500 Monthly Newsletter Expense
Top 1% LA Realtor Ben Lee shares insights on the value of traditional marketing through printed newsletters, emphasizing lasting client connections over fleeting trends.
Longbridge Launches New HELOC Product Targeting Seniors
Longbridge Financial introduces a HELOC for homeowners aged 62+, providing quick approval and funding within five business days to access home equity.
Legislation Seeks to Increase Affordable Housing on Underutilized Religious and College Properties
Federal resources aim to assist religious institutions and higher education campuses in creating rental housing on their existing properties, enhancing community support.
Increasing Insurance Costs Exacerbate Challenges in Homeownership
Annual property insurance costs for single-family mortgage holders reach approximately $2,370, highlighting rising expenses crucial for private lenders' assessments.
Jason Mitchell Group Collaborates with Redfin’s Partner Program
Jason Mitchell Group partners with Redfin's Partner Program, enhancing agent access to valuable leads and expanding opportunities in the private lending sector.