Northmarq Completes Acquisition of Thirdline Capital Management.
Northmarq acquired Thirdline Capital and Real Estate Income Fund, expanding into registered funds, and creating yield/sourcing options for private lenders.
AREC secures $390 million to fund lot and land transactions for builders.
Fund reaches $750M institutional capital to target 100,000 residential lots, expanding lot-financing opportunities and yield prospects for private lenders.
Zillow Lowers Home Sales Forecast Amid Accelerating Rent Growth.
Declining home sales and faster multifamily rent growth shift dynamics; private lenders face changing demand, underwriting and collateral risk, pricing up.
Fannie Mae Finalizes Legacy REMIC Disclosure Overhaul for 112 Deals.
Fannie Mae consolidates legacy REMIC disclosures, adds tax data and retires older files across 112 non‑standard deals; private lenders should review disclosures.
FBI Investigates Lurin Capital Over Multifamily Collapse.
FBI seeks investor tips on Lurin LLC; private lenders should review exposure, collateral quality, recoveries and compliance risks of multifamily collapse.
The NIL era adds wealth and buyers to college housing markets.
Financial and mortgage professionals increasingly encounter young athletes who are managing sudden or nontraditional income from sponsorships, endorsements, or early professional contracts. Experts advise adapting underwriting practices to emphasize sustained cash flow and thorough documentation rather than treating a one-time payment as qualifying income. [...]
UWM finds VantageScore 4.0 improves outcomes for one in four borrowers.
UWM reports VantageScore 4.0 yields more favorable credit results for 25% of its pipeline; share projected to reach two in five, relevant to private lenders
Cavco builds first HUD-code manufactured home without a steel chassis.
Cavco's Grande Arbor: first HUD-code home without a permanent steel chassis after mandate removal; implications for collateral, valuation and lender risk. -
Better expands Coinbase HELOC rebate partnership amid equity growth.
Better offers Coinbase One members a lender-funded rebate of 1% (up to $10,000) on approved HELOCs; impact on private lenders while fintech HELOCs increase.
Reverse mortgage lenders retain risk when sponsored TPOs originate HECMs.
Private lenders remain fully responsible for supervision, quality control and advertising compliance, when sponsored third-party HECM originations take place.