StellarMLS and Rayse Enhance Their Strategic Partnership
StellerMLS agent members gain access to the Rayse platform through an expanded partnership, enhancing resources for private lenders and real estate professionals.
Eight Steps for Developing a Real Estate Business Plan with Template
Explore effective strategies for real estate agents to develop robust business plans. Learn how preparation and structured planning drive long-term success in the industry.
Hildene Capital Completes $496 Million Non-QM Securitization Transaction
Recent securitization involves a pool of 968 non-QM loans, featuring a weighted average FICO score of 748 and an LTV ratio of 71.03%, attracting private lenders.
Mortgage Applications Decrease Amid Falling Demand for VA Loans
Mortgage applications declined by 1.4% from the previous week, indicating potential shifts in borrowing trends and market demand, as reported by the Mortgage Bankers Association.
California Experiences Decline in Home Sales and Prices
Active listings surged 37.7% year-over-year, marking the highest level in 69 months, amidst declining home sales and prices in California.
Reasons Behind Vendors’ Delays in Transitioning to the ICE SDK
"ICE delays legacy tech retirement, sparking debate among lenders about the industry's readiness for modernization and the need for timely adaptation."
Georgia Couple Loses Home Due to Forged Deed and Mortgage Fraud
Couple challenges $50,000 reverse mortgage repayment notices, asserting they never signed the agreement, raising concerns for private lenders on loan validity.
July Sees Continued Increase in Demand for New-Home Purchase Mortgages
July saw a rise in purchase activity for new homes, as mortgage applications and new-home sales estimates showed significant improvement, signaling market strength.
Sumanth Kamath from eXp Realty Discusses AI and Digital Twins
Kamath outlined an extensive AI strategy that integrates custom Chat GPT assistants, digital twins, and document automation to enhance efficiency in lending.
Projected 2.7% Increase in Social Security COLA for Upcoming Year
Understanding the cost-of-living adjustment provides essential insights for private lenders, as it reflects changes in spending patterns that impact borrowing trends.