Strategies for Competing with Cash Offers in Real Estate Transactions
Explore 13 effective strategies for private lenders to compete with cash offers, enhancing your clients' chances of success in competitive bidding wars.
Mr. Cooper’s Strategy for Enhancing Rocket’s Homeownership Model
Mr. Cooper reported $88 million in Q1 net income, significantly impacted by an $82 million loss in mortgage servicing rights, down from $204 million last quarter.
CRMLS Rejects NAR’s Proposal for Delayed Marketing Policy
CRMLS has decided against adopting the Multiple Listing Options for Sellers policy, opting to maintain current systems that they claim adequately serve this function.
Mortgage Demand Declines 13% Amid Rising Interest Rates
Mortgage rates climbed to 6.90% this week, leading to a decrease in applications. Insights from MBA's Joel Kan highlight market shifts for private lenders.
Home Sales Increase by 21% in Pennsylvania
Discover the latest trends in Pennsylvania's housing market, including a 2% increase in residential property prices, crucial for private lenders' strategies.
First American CEO awarded severance amid cruise ship assault allegations.
Ken DeGiorgio, ex-CEO of First American Financial Corp., is set to receive a substantial payout after his recent termination, raising industry eyebrows.
CHLA Calls for Congressional Caution on Mortgage Fees in Budget Legislation
As Congress debates budget adjustments, policymakers must carefully consider the impact of increased homeownership fees on borrowers, warns the CHLA.
Texas Home Sales Decline Despite Increase in Active Listings
Explore Texas' home sales trends as the median price reaches $331,000 with a slight rise, revealing shifts in the market that private lenders should note.
Tarek El Moussa Reports Monthly Earnings of $675,000 from House Flipping
Discover insights from Tarek El Moussa on his successful house-flipping strategy, earning an impressive monthly income that highlights market potential for private lenders.
Consumer Regulations Relevant to Business Purpose Loans
Business purpose loans are unique nontraditional mortgages where funds are allocated for non-consumer uses, challenging common borrowing misconceptions.