Stockton Mortgage files lawsuit against Novus and former employees for poaching.
Two mortgage lenders are in dispute over allegations of diverting active and prospective borrowers in Alabama, raising concerns about ethical practices in the industry.
Anywhere reports revenue growth and advances towards Compass merger
Third quarter revenue reached $1.6 billion, marking a 6% year-over-year increase, while operating EBITDA stood at $100 million, highlighting strong financial performance.
AI Developments, Significant Earnings, and Policy Changes in the Industry
Private lenders should note the record Q3s for ICE and Real, PartnerOne’s acquisition of Mortgage Cadence, and AI's transformative impact on real estate processes.
Update on Essential Market Developments
Discover the latest trends in private lending, highlighting key states like California, Florida, and Texas in bridge lending and DSCR loans.
Intercontinental Exchange Reports Record Earnings for Third Quarter
Intercontinental Exchange reports Q3 earnings surpassing forecasts, fueled by robust growth in mortgage technology and data service sectors, enhancing market position.
Ocrolus Enhances Mortgage Tools with Automated Conditioning Features
Discover how an AI-driven feature enhances loan processing efficiency by automating condition identification and management for private lenders.
Decline in National Vacancy and Zombie Foreclosure Rates Observed
Rising zombie properties in 21 states highlight emerging trends in foreclosures, presenting opportunities for private lenders to assess risk and investment potential.
Realtor.com to Launch FlyAround for 360-Degree Property Views
Discover how Realtor.com's new FlyAround feature enhances property listings with immersive 360-degree views, transforming the home-buying experience for lenders and buyers alike.
Redfin claims Compass seeks access to irrelevant privileged documents.
Compass aims to include Redfin in its ongoing legal dispute with Zillow, while Rocket's firm resists these developments. Implications for private lenders are notable.
Report Reveals NYC’s Most Affordable Housing in 10 of 51 Council Districts
Brooklyn, Queens, and Staten Island now face accessibility challenges for multifamily affordable housing, with development concentrated in just 10 council districts.