DOJ and FBI Investigate Pulte for Alleged Misconduct in Mortgage Fraud Referrals
DOJ and FBI are investigating Pulte for potential misconduct linked to mortgage fraud referrals, raising concerns for private lenders about due diligence practices.
Maximizing Your Seller-Financed Note’s Sale Price
7 Critical Factors That Determine Your Seller-Financed Note's Sale Price For lenders, brokers, and investors navigating the complex world of private mortgage servicing, understanding exit options for seller-financed notes isn't just a good idea – it's an essential part of a robust financial strategy. [...]
Current Housing Market Sees 37% More Sellers Than Buyers
Discover the current housing market trends revealing over 30% more sellers than buyers, providing insights for private lenders navigating opportunities.
RE/MAX Reports a 3.2% Increase in Home Sales Compared to Last Year
Discover the latest trends in home listings and sales data, highlighting shifts that may impact private lenders and investment strategies in the housing market.
Minnesota Property Taxes May Increase by $1 Billion in the Coming Years
Minnesota faces a significant property tax increase that may reach $1 billion, raising concerns for lenders about market stability and investment strategies.
Report Reveals Nearly Half of Renters Plan to Purchase a Home Soon.
Experian's report reveals that around 60% of current renters possess near-prime or higher credit scores, indicating a potential surge in home buyers.
Risk Stacking Alert: 7 Red Flags Threatening Your Private Loan Portfolio
7 Red Flags Indicating Dangerous Risk Stacking in Your Private Loan Portfolio The world of private lending offers incredible opportunities for lenders, brokers, and investors seeking higher returns and more flexible terms than traditional financing. However, with these benefits comes a unique set of [...]
REX requests the Supreme Court to revisit its case for consideration.
REX has filed a petition with the Supreme Court seeking a review of the denial of its certiorari writ, potentially impacting private lending practices.
NAR Delegates Vote Against Referral-Fee Disclosure Rule’s Transparency
NAR’s Delegate Body has rejected an amendment for Realtors to disclose referral fees, impacting transparency and ethical practices in the real estate market.
The Rise of Mortgage Defects and Their Increasing Importance
Mortgage loan defects increased for the second consecutive quarter, primarily due to cash-out refinances and rising eligibility challenges for borrowers.