Home mortgage applications decline by 7% compared to prior month.
New home mortgage applications rose 3.1% year-over-year but saw a 7% decline month-over-month, indicating evolving buyer behaviors in the market.
7 Critical Documents: Your Private Note Due Diligence Checklist
7 Critical Documents Every Private Note Buyer Must Review During Due Diligence For lenders, brokers, and investors delving into the private mortgage note market, the allure of high yields and diversified portfolios is strong. However, navigating this landscape without meticulous attention to detail can [...]
Secure Your Private Note Investment: 7 Essential Due Diligence Documents
7 Critical Documents Every Private Note Buyer Must Review During Due Diligence For lenders, brokers, and investors navigating the intricate world of private mortgage notes, due diligence isn't just a suggestion—it's the bedrock of a successful and compliant investment strategy. In private mortgage servicing, [...]
Home Price Appreciation Increased in November, According to Report
Home inventory increased significantly year-over-year, reaching its highest level in years. Explore trends impacting private lenders in the real estate market.
Trump signs executive order to establish unified regulations for AI.
Trump's executive order centralizes AI regulation to enhance U.S. competitiveness, streamlining oversight and overriding state laws in the process.
Advocacy Groups Address Decline in Fair Lending Oversight Efforts
DOJ rescinds disparate-impact liability within Title VI regulations, reflecting a trend of reduced enforcement in fair lending by federal agencies, impacting private lenders.
CrossCountry Appeals Court Order in Gallo Mortgage Fraud Case
CrossCountry Mortgage is taking legal action to lift a court order that halts its arbitration claim against Christopher Gallo, pursuing a $2.1M bonus recovery.
FTC Cautions Rental Software Companies About Price Transparency Issues
FTC targets rental software firms for inadequate fee disclosures, raising concerns about consumer harm and potential legal repercussions for non-compliance.
New York State Increases Property Tax Exemption for Seniors to 65%
New legislation increases property tax exemptions for income-eligible seniors from 50% to 65%, potentially impacting local government finances and private lenders.
Housing demand approaches three-year high amid improved spreads.
Mortgage purchase applications reach a three-year peak, fueled by better spreads and declining rates, marking 18 consecutive weeks of growth.