Rithm Plans Acquisition of $1 Billion in Home Improvement Loans
Asset manager secures $1 billion in home improvement loans via a one-year flow agreement with fintech firm Upgrade, enhancing lending strategies and market reach.
Rising Abandoned Mortgage Applications Linked to Homebuyer Confusion
A recent survey reveals that both recent and prospective U.S. homebuyers prioritize timing and confidence in their purchasing decisions.
UBS Agrees to $300 Million Settlement in Credit Suisse Case
UBS's recent payment addresses consumer-relief obligations from Credit Suisse's 2017 agreements, impacting the landscape for private lenders and borrowers alike.
Rocket Revitalizes Real Estate Division, Partners with Redfin for Home Search
Rocket Homes will redirect users to Redfin for home searches after August 4, enhancing the home-buying experience with a reliable platform transition.
Douglas Elliman opposes the normalization of private listings.
Douglas Elliman shows resilience with its strongest first half performance since 2022, despite a slow second quarter in the current market landscape.
HECM Endorsements Reach Highest Level Since February
Reverse mortgage market shows signs of recovery in July, with increased HECM endorsements and HMBS issuance following a dip in June, suggesting renewed activity.
Joseph Gormley Selected for Leadership Role at Ginnie Mae
Joseph Gormley's nomination to lead Ginnie Mae has been forwarded to the Senate banking committee, impacting private lenders and the housing finance landscape.
Realtor Addresses Rising Land Fraud Attempts at Iowa City Property
Realtor Adam Pretorius urges industry professionals to prioritize integrity by reporting real estate fraud, challenging shame and stigma in the process.
Analysis of Real Estate Trends and Insights for the Recent Week
Discover key insights in real estate, including the Fed's stance, FICO's lobbying efforts, and Grant Cardone's CFO search. Stay informed with the latest developments.
How Paradigm Advisory Established a New York Real Estate Leader
Explore the journey of founders Scott Hustis and Mark Jovanovic, revealing insights and strategies that shaped their 20-year path to success in the mortgage industry.