Pending Home Sales Decrease 0.8%, Reflecting 2.8% Year-over-Year Decline
Private lenders should note the month-over-month and year-over-year declines in the Midwest, South, and West, while the Northeast experienced a notable 2.1% gain.
A Meaningful Bipartisan Housing Bill to Address Current Challenges
Explore insights on a bipartisan housing bill that prioritizes market-driven solutions, aiming to streamline government involvement for private lenders.
NWMLS states it holds ‘no obligation to negotiate’ with Compass.
Brokerage tensions rise as NWMLS counters Compass's response to its motion to dismiss, highlighting ongoing disputes within the real estate industry.
LoanLogics Reports Ongoing 11.5% Error Rate in U.S. Mortgage Files
LoanLogics’ analysis reveals persistent issues in loan file quality, showing no significant improvement despite a decade of investment and innovation in the industry.
Intense Heat in the New England Housing Market This Summer
Explore the resilience of the New England housing market, where favorable conditions for sellers persist despite broader national trends toward a buyer's market.
FHFA to Discontinue GSEs’ Equitable Housing Finance Plans
Federal Register publishes proposed rule repeal, starting public comment period. Key details and implications for private lenders analyzed for informed decisions.
Report Reveals Growth in Home Equity Originations and Outstanding Debt
Explore the decline in debt consolidation motivations among borrowers applying for home equity loans, highlighting trends that private lenders should note.
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.