Pennymac Correspondent Division Introduces New Non-QM Products
Pennymac will maintain servicing for all non-QM products, accessible via its TPO channel, enhancing options for private lenders in the mortgage market.
Trump Weighs Potential Housing Emergency Declaration
Explore insights on the potential housing emergency declaration by Secretary Bessent and its implications for the private lending landscape. Read more.
Crittora Introduces Secure Tool for Real Estate Document Delivery
One in three real estate transactions face wire fraud attempts, highlighting the need for enhanced security measures in the mortgage industry.
HUD Enforces Regulations on Public Housing for Illegal Immigrants
HUD intensifies enforcement against entities failing to provide citizenship information in public housing, emphasizing compliance to ensure lawful practices.
Housing Costs May Normalize by 2030, According to Recent Report
Insights suggest that home price stability could lead to a return to normal housing costs, offering a promising outlook for private lenders. Continue Reading Report: ‘Normal’ Housing Costs Possible by 2030
Middle-Class Faces Challenges in Affording Once Accessible Housing
New analysis reveals that nearly one-third of buyers now face requirements for double the income compared to six years ago, impacting home affordability.
Trump May Declare a National Housing Emergency, According to Secretary Bessent
New measures aimed at improving housing affordability are on the horizon, as confirmed by Bessent to Reuters and the Washington Examiner, impacting private lenders.
Investor Share of Housing Market Decreases Yet Remains High
Investor activity in the mortgage market is currently subdued compared to 2022. However, investor share is rising as owner-occupied transactions decrease.
Real Estate Highlights and Shortcomings from the Recent Week
Amidst Fed tensions, Canadian returns, and rising property tax reforms, explore key insights and trends shaping the private lending landscape.
Gen Z shares insights on the renter versus homeowner discussion.
Gen Z faces high home prices and student debt, leading to long-term renting. Explore how these factors influence their housing choices and market trends.