Legislation to Ban Abusive Trigger Leads Advances in the House
Private lenders should prepare for upcoming regulatory changes as a final rule is anticipated, impacting lending practices and compliance requirements.
New York State Home Sales Decline 11% Despite Rise in Listings
New York's median home price rises to $436,000, reflecting a 3.8% increase. Yet, sales dip 11% despite more listings, signaling market challenges.
Longbridge Discusses AI for Senior Inclusion; UWM Highlights Lending Innovations
Explore our weekly series on emerging technologies and trends transforming the mortgage and real estate sectors, tailored for private lenders. Keep informed.
Potential Impact of US Military Actions on Mortgage Rates
Events in the Middle East typically enhance bond market stability and strengthen the U.S. dollar, yet this year presents a unique shift affecting mortgage rates.
Analysis of Real Estate Trends: Updates from the Week of June 16-20
Explore the latest developments impacting private lenders, from public funding for sports stadiums to property tax changes in Texas and influencer misadvice.
North Carolina Real Estate Office Resumes Operations Following Hurricane Helene
Premier Sotheby’s International Realty staff maintained client support during rebuilding efforts, demonstrating resilience and commitment in challenging circumstances.
Veterans Lack Foreclosure Protection Without VASP Support
VA borrowers facing a lack of backup from VASP may need to consider loan modifications, potentially leading to higher payment obligations.
Final approval pending for 15 commission lawsuit settlements.
Judge Stephen R. Bough will evaluate settlements from major brokerages like Side, NextHome, and JPAR, impacting private lenders' industry dynamics.
California Home Sales and Median Prices Decline in May
Total active home listings have surged nearly 50% year-over-year, despite a decline in median sales prices, highlighting evolving market dynamics.
Homebuilders lack incentive to increase permits amid rising interest rates.
New home sales increased last month; however, builders remain cautious about issuing new permits or starting projects amidst persistently high mortgage rates.