Mortgage Rates Climb Steadily Toward 7% Mark
Discover the latest trends in mortgage rates, with 30-year conforming rates at 6.98% and 15-year rates rising to 6.88%, impacting private lenders significantly.
FHFA Director Pulte Delivers Conflicting Messages on Regulatory Operations
FHFA Director Pulte shares varied insights on regulatory operations via personal X account, hinting at potential shifts in the lending landscape.
NYC Proposes Penalties for Broker Fee Ban Violations During Legal Dispute
New York City is set to enforce a law targeting residential broker fees, potentially imposing fines of up to $2,000, which may significantly impact private lenders.
Small Brokers Discuss Perspectives on the CCP Initiative
Smaller brokerages dominate local markets but face challenges with the Clear Cooperation Policy, raising concerns among private lenders about competitive fairness.
CrossCountry and Blend Form Partnership to Enhance IMB Growth
Partnership unites CrossCountry's extensive workforce with Blend's advanced tech, enhancing efficiency in loan applications for private lenders and driving innovation.
Home Sales Remain Strong Despite Rising Interest Rates
Discover insights on the recent year-over-year growth in housing demand, highlighting trends following this year's first decrease in interest rates for private lenders.
Highlights and Setbacks in Real Estate for the Week of April 14-18
Explore key developments affecting the mortgage industry, including allegations against Letitia James, shifts in the Sun Belt, and a tribute to a lodging sector leader.
Chris Kelly outlines his objectives in leading HomeServices of America.
Kelly has been appointed as the new president and CEO of HomeServices, succeeding Gino Blefari, who guided the company for the last five years.
New Home Mortgage Applications Rise 5.5% in March
Mortgage applications rose by 14%, fueled by a decline in mortgage rates, signaling potential opportunities for private lenders in the evolving market landscape.
Zillow’s Follow Up Boss Revises API Call Recording and Text Access Features
Zillow's CRM change affects most firms, leaving only Ylopo, MaverickRE, and Shilo.ai unscathed. Insights for private lenders on industry implications.