Foreclosure Activity Increases Year-Over-Year for Eighth Consecutive Month
Lenders see a significant rise in foreclosure activity, with 3,872 properties repossessed last month, reflecting ongoing market trends. Continue reading for insights.
7 Hidden Costs of Hard Money Loans Every Real Estate Investor Misses
Hard money loans carry seven hidden costs that never appear on a term sheet — compliance penalties, servicing labor, escrow risk, default drag, note illiquidity, origination leakage, and opportunity cost. Here is where each one lives and how to address it.
Fannie Mae Executives Dismissed Following Mortgage Fraud Investigation
Fannie Mae's ethics team faces scrutiny as dismissals follow an investigation into FHFA Director Bill Pulte's alleged improper access to mortgage records.
Data-Driven Leadership Will Shape the Future of the Housing Market
Explore insights from The Housing Economic Summit, focusing on real-time data and consumer connectivity that are set to influence growth in the housing market.
Key Insights for Real Estate Agents on the 50-Year Mortgage Option
Extending mortgage terms to 50 years can reduce monthly payments, yet leads to higher total interest costs and slower equity accumulation for borrowers.
CIC Credit Partners with FICO for Direct License Initiative
CIC Credit partners with FICO to directly distribute scores, increasing transparency and pricing efficiency for private lenders by bypassing major credit bureaus.
NewDay Home and the VA’s Commitment to Veteran Homeownership
"Reflect on Veterans Day: a time to honor the courage and sacrifices of service members, and support those transitioning to civilian life."
Community Association Leaders Lobby for Change on Capitol Hill
Meetings with legislators focused on key issues such as affordable insurance, disaster recovery, and community self-governance, impacting private lenders and housing.
Bloom Finance Introduces Reverse Mortgage with Lifetime Fixed Interest Rate
Explore a new reverse mortgage option from Bloom Finance Company that offers seniors a lifetime fixed interest rate, reducing uncertainty and renewal costs.
Title Insurance Revenue Increases for Big Four Firms in the Third Quarter
Falling mortgage rates have boosted title insurance revenues for First American, Stewart, Fidelity, and Old Republic, highlighting market dynamics and opportunities.