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.
Exploring 15 Side Ventures in Real Estate for Additional Income
Explore real estate side hustles that bridge closing gaps and generate leads for private lenders, enhancing your business potential and client engagement.
Better and NEO Executives Explore Productivity Gains from Partnership at AI Summit
At HousingWire’s AI Summit, leaders from Better and NEO highlighted the ongoing significance of human advisory amidst the advancing digital mortgage landscape.
Bank of America and PNC Lead Keynova’s Mortgage-Home Equity Scorecard
Discover an in-depth analysis of the digital capabilities and user experience from 12 leading U.S. bank and nonbank lenders in The Scorecard review.