Compass requests that MLSs block listing data from recruiting tools.
Letter requests opt-out from non-IDX and VOW vendor feeds; outlines impacts for listing access, vendor controls, compliance risk and lenders due diligence.
Fed official Barr says homeownership affordability has declined sharply.
Affordability index hits two-decade low as high home prices, and elevated mortgage rates squeeze buyers—implications for private lenders' lending strategies.
How mortgage brokers can serve underserved VA borrowers.
At AIME Fuse, VA lending specialists confronted persistent misconceptions that have constrained veteran access to mortgage credit and muddied originator behavior. Panelists emphasized that many perceived barriers—around eligibility, down payment expectations and appraisal rules—stem from outdated information rather than actual program restrictions. They pointed [...]
Judge dismisses UWM 401(k) forfeiture claim under ERISA.
Judge rules plan forfeitures may offset employer contributions when unspent, affecting employer obligations and asset treatment relevant to private lenders
New Jersey considers removing home interior photos at a buyer’s request.
Regulatory noncompliance exposes licensees to fines, license revocation and enforcement; private lenders must assess partner compliance risk and mitigation.
Mortgage rates exceed 7% for the first time in years.
Rising 30-year fixed mortgage rates top 7%, prompting private lenders to reassess risk pricing, origination strategies and borrower qualification standards.
FHLBank New York adds $10.3M grant program for 366 affordable homes.
FHLBank New York awarded $10.3M to six projects creating/preserving 366 affordable homes across its district; note potential private lending opportunities.
Texas suspends data center permits amid power, water and housing strains.
Texas halts data-center permits amid power, water and housing audits, impacting deal financing, underwriting risk and market liquidity for private lenders.
DRB Group to establish two mortgage joint ventures.
DRB Group forms two regional mortgage joint ventures to align lending with homebuilding, expanding origination channels and private-lender opportunities.
Five questions for loan officers before preapproving complex income.
Concise assumption memos help private lenders avoid underwriting surprises by documenting income sources and assumptions, reducing last-minute adjustments.