Examining AB 3108: Misrepresentations in Business Purpose and Bridge Loans
Assembly Bill 3108 addresses misrepresentations in business purpose and residential bridge loans, impacting compliance for private lenders in California.
2025 Mortgage Rate Forecasts Have Proven to Be Incorrect
2025 mortgage rate forecasts are already inaccurate as of late December. Explore insights on evolving trends impacting private lenders in the current market.
HUD allocates $225 million for manufactured home preservation and renovation.
Funding aims to renovate and preserve manufactured homes, addressing supply shortages and promoting affordable housing solutions in the market.
Florida Home Sales and Prices Experience a Decline
Explore the decline in Florida's home sales and the median price shift, providing insights for private lenders in a changing market landscape.
CreditXpert reveals launch date for its credit optimization platform.
Company shifts focus from traditional credit repairs to credit optimization, sunsetting two tools to enhance financial solutions for private lenders.
The Federal Reserve’s Challenge in Addressing the Housing Recession
Housing remains a key economic driver. Current housing starts are mirroring levels from the COVID-19 recession, indicating potential market trends for lenders.
Citi aims to expand its market presence through the mortgage.com platform.
Citi's new platform offers tools for real-time rate comparisons and educational digital content, designed to assist borrowers and homeowners effectively.
FHFA Data Shows Decrease in Non-Performing Loan Delinquencies Post-Pandemic
FHFA reports a steady decline in mortgage delinquencies since the COVID-19 pandemic, highlighting trends in non-performing loan sales by GSEs.
Anywhere Facing Racketeering Charges in Minnesota Legal Action
Industry leaders face legal challenges as allegations arise of a fraudulent home purchase scheme involving Anywhere and other key players in the market.
Dan Hanson of loanDepot discusses acquisitions and the need for profitability.
Dan Hanson of loanDepot offers insights for IMB owners on assessing acquisitions or sales, focusing on value delivery and managing cultural transitions.