Home Sales Experienced Nearly 14% Cancellations in January
Rising homebuyer income requirements may impact the market, with 14% of sales canceled. Insights are crucial for private lenders navigating these trends.
LenderMac in California to Acquire Direct Mortgage Company
LenderMac's acquisition of Direct Mortgage will enhance its market presence and diversify lending options, positioning it for growth in multichannel services.
Lawsuit Claims Veterans United Home Loans Engaged in False Representation and Steering
"Veterans United Home Loans faces accusations of false representation and steering. A spokesperson has vowed to contest these claims legally."
Investor Sentiment in Fix-and-Flip Market Improves Despite Declining Activity
Survey reveals fix-and-flip investor optimism at a high, even as Q4 sales volumes hit a six-year low, highlighting a potential market divergence.
Addressing the Overlooked Cost of Real Estate Fraud in Washington’s Housing Market
Fraud risk significantly impacts housing affordability, with projected losses close to $175M in 2024 and average claims exceeding $143,000, according to FBI data.
Opendoor reports $1.3B loss but identifies route to profitability.
Opendoor's $1.3B loss highlights challenges in home sales. Executives remain optimistic, projecting breakeven by late 2026 amid market fluctuations.
Home Builders Seek Exemption on Materials Amid Proposed Global Tariff
Homebuilders urge for exclusion of materials from new tariffs following a Supreme Court ruling. This could impact construction costs and housing availability.
Zillow requests dismissal of consolidated RESPA lawsuit in Seattle.
Zillow seeks dismissal of a consolidated RESPA lawsuit, maintaining its agent and loan programs do not cause harm or involve illegal referrals.
January Indicators Offer Limited Insight for July Homebuilding Trends
Discover insights from this year's International Builders Show, highlighting a balance between cautious optimism and improved market activity among builders.
Kiavi achieves $350M RTL securitization, approaching $7B in total issuance
Kiavi recently closed a $350M securitization, enhancing its funding capacity to $1.2B and expanding its AI-driven platform tailored for real estate investors.