MBA President Responds to Allegations of Inadequate FHA Underwriting
Broeksmit highlights inaccuracies in linking independent lender health to the FHA's Mutual Mortgage Insurance Fund, emphasizing the need for clearer financial contexts.
Mamdani Sets New Deadline for Pied-à-Terre Tax Appeals, Acknowledges Errors
Property owners can now file for exemptions on the new tax with an extended deadline. Stay informed about the implications for private lenders and real estate investments.
Mortgage Lenders Consider AI, Alternative Data, and Credit Models
MISMO panelists discussed the implications of rental and cash flow data, alongside AI regulations impacting licensing and compliance for private lenders.
Federal agencies withdraw guidance on Special Purpose Credit Programs.
Agencies rescind special-purpose credit program guidance - creditors may not rely on the prior statement and must avoid prohibited discriminatory lending.
Arizona Initiates Legal Proceedings Against MV Realty
Arizona's recent decision to enhance property rights has garnered praise from leaders at the American Land Title Association and AARP, signaling potential industry impacts.
Better and Coinbase Launch Token-Backed Conforming Mortgage Offering
Projected loan volume exceeds $260 million, with many respondents actively utilizing Coinbase One and intending to make purchases within six months.
Insights from the New York Sessions: Transactions, Choices, and Guidance
Explore insights from industry leaders in New York City as they navigate market volatility, enhance operational agility, and uncover growth opportunities in the mortgage sector.
HECM Broker Endorsements Maintain Slow Growth Trends in May
Atlantic Avenue retains its top position, even as endorsement activity shows a notable decline, highlighting trends in private lending dynamics.
Lennar Introduces New Single-Family Home Community in Georgia
Discover Lennar's latest single-family home community in Georgia, with pricing starting in the mid-$200,000s. Explore opportunities for private lenders.
Unlock Reaches Agreement with Minnesota AG on Home Equity Practices
Minnesota AG achieves nearly $1M in relief for affected borrowers, while Unlock ceases Home Equity Agreements in the state, impacting private lenders.