Could a $475 Compass Fee Trigger a New Wave of Real Estate Litigation?
A Florida lawsuit examining a $475 Compass transaction fee underscores increasing scrutiny post-NAR settlement, with attorneys anticipating similar cases ahead.
Improved Mortgage Spreads Sustain Positive Home Sales Trends
Mortgage spreads have improved to 2.01%, maintaining rates around 6.60%. Total pending sales increased to 422,120, compared to 396,652 last year.
Craig Tann Group Achieves Continuous Growth, According to RealTrends Verification
Leading the industry, the team achieved $486 million in sales across 877 transactions, securing top 10 and top 3 rankings for mega teams nationally.
Nonbanks Contribute to Rising Agency ARM Volume Amid Increased Borrower Leverage
Adjustable-rate mortgages (ARMs) make up a smaller share of agency originations but are experiencing a resurgence, presenting new opportunities for private lenders.
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.