Real Estate Week Overview: Notable Successes and Failures
Explore the implications of new federal leadership, environmental factors affecting real estate, and the latest trends in home design.
Rithm Capital reports 57% profit growth for Newrez’s parent company.
Rithm Capital, parent of Newrez, reports impressive growth, achieving $835 million net income in 2024—up 57% from the previous year’s $533 million profit.
Longbridge and Mutual of Omaha Obtain Delay in Reverse Mortgage Lawsuit
A lawsuit and countersuit over alleged deceptive marketing practices in reverse mortgages have extended crucial deadlines, impacting industry stakeholders' strategies.
One in Four Texas Homebuyers Relocate from Other States
Texas's median listing price stands at $360,000, with a significant influx of out-of-state homebuyers, highlighting opportunities for private lenders.
Rhode Island Town Implements Eminent Domain for Affordable Housing Development
Rhode Island town's use of eminent domain for affordable housing raises legal and financial implications for private lenders and property investments. Explore further.
Climate Risk and Its Effects on Property Valuation in the U.S. and Canada
Explore the impact of climate risks on U.S. and Canadian real estate, highlighting regional challenges for property values and mortgage lending strategies.
Mike Simonsen discusses housing market trends and growth forecasts.
Explore insights from Altos Research founder Mike Simonsen on housing market expectations and the implications of current administration policies in this podcast episode.
DOJ to Engage in Oral Arguments for REX Appeal
DOJ wins the opportunity to present during the Ninth Circuit appeal involving REX Real Estate's lawsuit against NAR and Zillow, impacting industry regulations.
RCN Capital Purchases BLN Software Company
RCN Capital has acquired BLN Software, enhancing its capabilities in loan origination and management systems for the private mortgage lending sector.
Study Reveals Average Buyer’s Agent Commission at 2.37% in Q4
Discover insights on buyer's agent commissions, with an average of 2.17% for luxury homes, highlighting trends crucial for private lenders in the market.