PennyMac Achieves $107M Profit in Q4 Amid Origination Growth and MSR Runoff
PennyMac reports Q4 net income of $106.8M, driven by increased mortgage production despite declines in servicing income due to prepayments.
Marilyn Monroe’s Last Home Owners Challenge Historic Designation in LA
Legal action regarding historic designations can influence property values and investment opportunities. Explore the implications for private lenders in real estate.
Cardinal Financial Introduces Nondelegated Correspondent Program
Cardinal Financial introduces a nondelegated correspondent program, enabling independent lenders to leverage Octane technology and a broader range of loan products.
Strategies Used by Real Estate Brokerages to Mitigate Buyer Representation Risks
Brokerages are enhancing training and compliance in response to industry challenges, while advocates raise concerns about potential contract fairness for consumers.
Nearly 44% of Homes Have Homeowners Association Fees
Explore the rising trend of HOA fees in single-family homes, impacting market dynamics and lending decisions for private lenders. Discover more insights.
Mortgage Rates Hold Steady Before Fed Meeting Amid Spring Housing Focus
Federal Reserve policymakers conclude a two-day meeting, with mortgage rates stable in the low-6% range, signaling minimal short-term market changes for lenders.
ACES Quality Management Purchases BaseCap Analytics
ACES Quality Management has acquired BaseCap Analytics, enhancing its enterprise software with advanced data quality automation and validation features for improved decision-making.
HighTechLending launches second-lien loan to utilize home equity.
HighTechLending introduces a second-lien home equity product that operates similarly to a credit card, offering flexibility for borrowers and private lenders.
Alabama Home Sales Increase as Active Listings Expand
Alabama's median home sales price surged 15.9%, reaching $245,615, signaling a robust market amidst increasing active listings. Explore trends and insights.
Real Estate Certification Highlights Agents Dedicated to Consumer Protection
Discover the new Transparent Agent Certification by Housing Rebel, which highlights agents committed to transparency by avoiding referral fees and dual agency practices.