Lower Mortgage Rates Boost Refinance Activity
Mortgage rates dipped last week, spurring a notable increase in refinance applications, marking the highest level of activity since late 2024.
The industry needs to support veterans in realizing the American Dream.
"Rear Admiral Thomas Lynch advocates for reducing barriers to homeownership for veterans and active-duty servicemembers, ensuring access and support."
Union Legal Action Against Russell Vought Over CFPB and DOGE Data Issues
A union is suing the OMB head for actions taken as acting CFPB director, raising concerns about oversight and regulatory impact on federal agency operations.
Cardinal Financial introduces a new suite of non-QM mortgage products.
Cardinal Financial introduces a nonqualified mortgage product suite, providing flexible lending options designed for nontraditional borrowers and private lenders.
Insurance Exodus Leaves Numerous Properties Vulnerable to LA Fires
State Farm's decision to drop 9,500 policies in wildfire-affected neighborhoods raises concerns for private lenders about risk assessment and market stability.
Bessent: Mortgage Rates Determine the Fate of GSE Conservatorship
Fannie Mae and Freddie Mac's potential exit from conservatorship could significantly impact mortgage rates, according to Treasury Secretary Scott Bessent.
Most Metro Areas Experienced Home Price Increases in Q4
Explore the significant rise in single-family home sales in the South and the nearly universal price gains across metro areas, highlighting trends for private lenders.
Virginia Estate Sold for $20 Million After Eight Years on the Market
Discover insights on the sale of a historic Virginia estate, highlighting trends in luxury real estate and buyer behavior in the high-end market landscape.
RCN Capital Purchases BLN Software Company
RCN Capital has acquired BLN Software, enhancing its capabilities in loan origination and management systems for the private mortgage lending sector.
State Farm Requests 22% Emergency Rate Increase in California
State Farm's request for a 22% emergency rate hike in California raises concerns about the insurer's financial stability, impacting private lenders' risk assessments.