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.
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.
Opendoor Stock Tumbles Following Reddit-Driven Surge: To HODL or Not?
Opendoor stock plummets to $2.05, marking a significant drop of almost 50% in mere hours. Private lenders should monitor this volatility closely.
PennyMac Leads in Correspondent Lending, Reports Growth in Broker Business
PennyMac now boasts over 5,100 approved brokers, marking a 19% annual increase, highlighting their expanding network within the private lending market.
Bette Davis’ Maine Estate Now on the Market for $15 Million
Explore the listing of Bette Davis’ Maine estate, available for $15 million, offering insights into luxury real estate market dynamics and investment potential.
Compass Secures Expedited Discovery in Legal Action Against Zillow
Compass is permitted to expedite discovery for its preliminary injunction motion, contingent upon the parties reaching an agreement on the terms involved.