Lawmakers Urge FHFA to Explore Cryptocurrency Use in Mortgages
Senators recommend caution as the FHFA considers unconverted cryptocurrency in mortgage underwriting, highlighting potential risks and regulatory implications.
Real Estate Highlights and Setbacks from Recent Market Activity
Explore recent developments impacting private lenders, including strategies to reduce capital gains taxes on properties and avoid expensive consultancy fees.
Senate Democrats urge FHFA to address cryptocurrency in mortgage financing.
Senate Democrats express concerns over unconverted cryptocurrency assets in mortgage underwriting, urging caution from the Federal Housing Finance Agency.
InGenius Purchases Mortgage Recruiting Platform SIMPL
Discover SIMPL, a recruitment platform crafted by Fobby Naghmi and John Perry, aimed at enhancing support for retail mortgage branch managers.
Homebuyers increasingly consider relocating to new cities.
Growing trend: 58.9% of online home searches in major metros are targeting listings in other areas, suggesting shifting buyer preferences and market dynamics.
Texas Attorney General Investigated for Possible Mortgage Fraud
Texas Attorney General Ken Paxton and his wife reportedly identified three homes as primary residences, potentially securing reduced rates and tax advantages.
Single-Family Home Sales Show Modest Increase in June
Sales of new single-family homes showed a small increase, suggesting a cautious recovery in the housing market. Analyze trends that may affect lending opportunities.
Century 21 Grows Its Presence in Kansas
Private lenders should note that the firm, established by broker-owner Christian Keisler, has rebranded to Century 21 Monument Real Estate, expanding its market presence.
New Pilot Program Allows Bitcoin Transactions for Florida Construction Properties
ByteFederal partners with OPISAS to facilitate cryptocurrency real estate transactions in Florida, opening new avenues for foreign investors in property markets.
Fidelis Investors Completes $144.5 Million Rated RTL Securitization
Fidelis's recent oversubscribed securitization reflects strong market confidence, attracting both new and returning investors, bolstering private lending dynamics.