September Sees 13.6% Increase in Florida Single-Family Home Sales
Single-family existing home inventory stands at a 5.1-month supply, indicating market dynamics that could impact private lending strategies.
UWM unveils three new tools for brokers at AIME Fuse event.
UWM introduces innovative tools for mortgage brokers, enhancing loan processing and marketing efficiency, ultimately aiming to streamline workflows and improve productivity.
MIBOR and Lundy Collaborate to Enhance MLS Data Access Efficiency
Leaders emphasize a streamlined approach for real estate tech vendors to access MLS data, enhancing efficiency and fostering innovation in the market.
REcore dismisses breach of contract lawsuit involving CoStar and Homes.com.
REcore has dismissed its breach of contract claims against CoStar and Homes.com with prejudice, affecting industry dynamics and potential lender partnerships.
Unison resolves lawsuit following HEI product classification as reverse mortgage
Legal ruling in Washington confirms the classification of home equity investments (HEIs), settling ongoing disputes over their status as reverse mortgages.
eXp Realty introduces AI assistant ‘Mira’ and a training program.
CEO Leo Pareja discusses how Mira leverages eXp’s data systems and natural language processing to enhance agents' interaction with information, streamlining processes.
REcore Files Lawsuit Against CoStar and Homes.com for Contract Breach
REcore alleges CoStar has underpaid for its IDX feed, raising concerns over monetization practices related to MLS data. Implications for private lenders are significant.
Leveraging Technology to Mitigate Risk and Enhance ROI for Lenders
Explore how technology can enhance risk management and boost ROI for private lenders in the construction sector. Learn insights and best practices today.
Ex-Lender Sentenced for Involvement in Reverse Mortgage Fraud Scheme
A federal judge in Illinois has sentenced a former loan originator to prison for his involvement in a multimillion-dollar reverse mortgage fraud scheme, highlighting industry risks.
Trade Groups Advocate for GSEs to Purchase MBS to Mitigate Mortgage Rates
Community lenders and bankers suggest enabling Fannie Mae and Freddie Mac to acquire up to $300 billion in MBS to bolster market stability amid declining investor interest.