FHFA Creates Tip Line for Reporting Mortgage Fraud
FHFA Director Bill Pulte emphasizes the importance of combating mortgage fraud and announces a new email for reporting suspicious activities.
ARM Applications Hit Peak Levels Since Late 2023
Adjustable-rate mortgages now account for 9.6% of all applications, marking the highest activity level since late 2023, indicating shifting borrower preferences.
Security Properties Purchases Seattle Apartment Complex for $34.7 Million
Security Properties expands its portfolio in Greater Seattle, now owning 29 assets with over 6,500 units, signaling strong market engagement and growth potential.
Fannie Mae survey indicates home-price growth is likely to stabilize.
Recent estimates from a housing expert panel indicate a downward revision in national home price growth, highlighting shifting market trends that may impact private lenders.
Tyler Whitman on Finding Success in Real Estate Investments
Discover insights from mega broker Tyler Whitman, a former star of Million Dollar Listing, on navigating real estate for private lenders looking to succeed.
Friday Harbor Secures Seed Funding for AI Mortgage Platform
Funding will enhance engineering capabilities and facilitate integrations with top mortgage LOS and point-of-sale systems, driving innovation in lending solutions.
Digital Closings Offered by Lenders See Low Adoption Rates
Explore Snapdocs' findings revealing that while 90% of lenders provide digital closings, only a select few achieve an 80% utilization rate in loan closures.
Mortgage Lenders: Embracing Endless Opportunities for Growth
Explore the evolving landscape of private lending, including emerging trends, regulatory updates, and strategies for maximizing investment opportunities.
Proposed Legislation Aims to Realign Federal Home Loan Banks with Housing Finance
Proposed legislation mandates FHLBanks to allocate 30% of net earnings to affordable housing initiatives, reinforcing support for housing finance.
Andy Florance of Homes.com Responds to Zillow’s Claims
CoStar CEO Andy Florance responds to Zillow's criticism regarding listing delays, highlighting tensions in the ongoing debate over NAR's Clear Cooperation Policy.