Ohio Legislation Proposes 50% Property Tax Reduction for Seniors Regardless of Income
Ohio's new bill proposes a significant reduction in property taxes for seniors, which could impact the real estate market and lending practices.
Report: Newly Constructed Apartments Remain Vacant for Extended Periods
Nearly 125,000 new apartments were completed recently, marking the second highest record, yet many remain vacant for extended periods.
Mortgage Delinquencies Remain Stable, According to Cotality Insights
Cotality economists forecast low mortgage delinquency rates in 2025, influenced by trends in the job market, offering insights for private lenders.
Schumer Critiques Trump’s Proposal for Fannie Mae and Freddie Mac IPOs
Schumer critiques Trump's plan to take Fannie Mae and Freddie Mac public, alleging significant annual mortgage cost increases without backing data.
Investors Reject Opportunities in the Condominium Market
Investors shift focus from condos to single-family homes, signaling changing dynamics in the real estate market. Discover the implications for private lenders.
CHLA Supports Pulte’s Stance on FICO Pricing Issues
CHLA applauds FHFA Director Bill Pulte for addressing FICO's credit-score pricing methods, highlighting the need for fairness in lending practices.
MISMO Reference Model Introduces Reverse Mortgages Integration
Discover how the latest MISMO reference model enhances the origination and underwriting processes for reverse mortgages, benefiting private lenders.
UWM to Introduce 5/1 ARMs for FHA and VA Loan Programs
Explore the 5/1 mortgage option, offering a fixed interest rate for five years, followed by annual adjustments based on market fluctuations.
Iowa Governor Reynolds Prioritizes Property Tax Reform Over Income Tax Cut
Iowa's Governor Reynolds emphasizes prioritizing property tax reform, impacting private lenders and the broader mortgage landscape. Explore the implications.
nCino Reduces Workforce by 7% While Highlighting AI Prospects
In a recent email, nCino CEO Sean Desmond announced a reduction in workforce, impacting approximately 1,880 employees, raising concerns for private lenders.