Former Industrial Site in Los Angeles Transforming into Affordable Housing Community
Discover the latest addition to Los Angeles' real estate market - a new mixed-use apartment complex currently being built, perfect for private lenders.
Despite a decrease in Q3 home flipping, profits have increased in the mortgage industry.
Discover the latest industry news for private lenders: Q3 saw a decrease in home flipping, but profits were up significantly with a typical profit margin of 29.8%. Read more at Weekly Real Estate News.
Compass to Eliminate COO Role Resulting in Greg Hart’s Departure
Compass' COO Greg Hart to leave brokerage at year-end, as per SEC filing. Valuable insights for private lenders in the mortgage industry.
MBA and NMSA propose solutions for improving FHA’s loss mitigation choice.
"Leading trade groups advocate for FHA's enhanced 'payment supplement' loss mitigation plan in efforts to enhance opportunities for private lenders."
Mortgage lenders face scrutiny for pricing exceptions, including Wells Fargo: CNBC
As a mortgage industry expert, I provide concise summaries of industry news. Private lenders may find this noteworthy: Wells Fargo's MRA notice reveals loan discount discrimination issues - CNBC.
Resurgence of 6% Mortgage Rates for Specific Borrowers
Discover why stability and inventory are key factors for reinvigorating buyer demand, according to industry executives and loan officers. Learn more now.
Steps for Real Estate Agents to Improve Housing Affordability
As a mortgage industry expert, discover how real estate agents can combat unfair housing and preserve affordability in the market. Decode and interrupt its impact.
Leveraging Technology to Benefit from Declining Mortgage Rates
Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.
Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.
Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.
Safeguarding Private Lenders Against Widespread Mortgage Fraud
Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.