FICO to Incorporate Buy Now, Pay Later Information into Credit Scores
New regulations offer mortgage professionals enhanced clarity on "phantom debt," improving transparency and decision-making in lending processes.
New Listings Slowdown Indicates Minimal Stress Among Home Sellers
During the housing bubble crash, new listings surged between 250,000 and 400,000 weekly, highlighting market volatility and investment opportunities for private lenders.
Redfin and Thumbtack Collaborate to Link Homeowners with Improvement Professionals
Discover a feature on Redfin that enables users to assess customer feedback, compare pricing, and connect seamlessly with contractors via app or website.
Christie’s International Real Estate Affiliate Grows Presence in Michigan
Discover how a Detroit-based brokerage, founded by Eric Walstrom and Alex Irrer, expanded from 2 to 10 offices, showcasing impressive growth in the industry.
Kentucky Sees Increase in Home Sales with More New Listings Available
Kentucky's home sales increased, with a median price of $279,000, reflecting a significant month-over-month rise amid more listings. Explore the details.
Survey Finds One-Third of Baby Boomers Plan to Keep Their Homes Forever
Many baby boomer homeowners are choosing stability, with 67% residing in their homes for over 16 years, affecting market dynamics and lending opportunities.
PNC Launches $208 Million Fund for Affordable Housing Initiatives
Discover how PNC and key financial partners are enhancing affordable housing initiatives with a significant $208 million investment fund for community growth.
Do settlement rules affect agent commissions? A new survey suggests otherwise.
Survey reveals that commission rates are unlikely to decrease significantly, suggesting stability in market conditions for private lenders.
VA Loans See 45% Annual Increase, Driven by Gen Z Borrowers
VA purchase loans increased by nearly 10% year-over-year, while refinances surged by approximately 150%, highlighting shifts in veteran home financing trends.
Rithm completes non-QM securitization with a $500M debt issuance.
Rithm Capital has successfully closed a $504 million securitization of nonqualified mortgages, serviced by its subsidiary Newrez, highlighting market strength.