Real Estate Highlights and Challenges for the Week of January 6-10
Biden administration lawsuits, insights from NAR leadership, and Canadian policy changes highlight key developments in real estate. Explore the latest updates.
December Jobs Report Exceeds Expectations
Explore how a rising unemployment rate contrasts with a robust job market, highlighting implications for private lenders and potential shifts in borrower behavior.
Analysis Reveals Leading Market for First-Time Homebuyers
Explore the latest insights on top markets for first-time homebuyers, where median listing prices are significantly lower than the national average.
Former Pennsylvania Realtors President Files Lawsuit Against PAR and NAR
Preston Moore files suit against trade groups, challenging NAR's three-way membership agreement and alleging discriminatory practices affecting private lenders.
Redwood expands home equity platform with new alternative loan products.
Sequoia's repositioning enhances its jumbo loan platform, ensuring continued operation under its established branding for private lenders.
Strategies for Reverse Mortgage Professionals to Engage Clients in the Future
Explore the reverse mortgage industry's strategies to engage new clients, highlighting innovative approaches and potential growth opportunities for private lenders.
Mungo Homes names Geoff Shiley as its new CEO.
Shiley, a seasoned leader at Mungo Homes for nearly two decades, recently served as president and chief operations officer, driving industry innovation and growth.
Positive Outlook for the Luxury Housing Market in 2025
Inventory surges and rising home prices boost optimism among agents in the luxury real estate sector, signaling potential opportunities for private lenders.
CFPB introduces regulation to remove medical debt from credit reports.
New regulations amend Regulation V, enforcing the FCRA, to prohibit credit reporting companies from including medical bills in lender reports, enhancing borrower protection.
Reverse Mortgage Performance Metrics Show Mixed Results at Year-End
HECM endorsements experienced a notable rise, while HMBS issuance faced challenges, highlighting a volatile landscape in the reverse mortgage market.