New Home Sales Decline 17.6%, With Weather and Rates Affecting Trends
January new home sales dropped to a 587,000 annual rate, declining 17.6% from December, with median prices at $400,500, challenging trends for private lenders.
Midwest Real Estate Data to Eliminate NAR Membership Requirement
Under the new change, partner groups can provide MLS access to licensed agents without Realtor affiliation, expanding market opportunities for private lenders.
Independent Mortgage Banks See Profitability Decline as Margins Drop 44%
MBA data reveals IMB profits decreased to $674 per loan in Q4 2025, a significant drop from $1,201 in Q3, alongside revenue slipping to 340 bps.
Offerpad aims for 1,000 quarterly transactions using AI platforms SCOUT and HENRY.
Offerpad announces SCOUT and HENRY are projected to achieve a 1,000 transaction quarterly run rate, indicating strong growth and positive adjusted EBITDA ahead.
California Transit Agency Land May Facilitate Construction of 240,000 Homes
California's focus on increasing housing supply near transit highlights untapped land owned by transit agencies, presenting opportunities for private lenders in development.
Washington State Enacts Restrictions on Private Home Listing Networks
Washington's new law prohibits targeted marketing of listings to specific buyer groups without including the general public, impacting private lenders' strategies.
February Sees Increase in Pending Home Sales
Pending home sales have seen a slight increase, attributed to better affordability conditions, indicating potential opportunities for private lenders in the market.
Broeksmit Discusses Trump Orders, AI, and Mortgage Affordability at ICE X26
At ICE Experience 2026, MBA CEO Bob Broeksmit discusses critical issues like housing supply, mortgage credit access, and the impact of AI on the industry.
Mortgage Rates Increase Amid Ongoing U.S.-Iran Conflict
Recent fluctuations in mortgage rates amidst global economic uncertainty highlight the challenges facing private lenders as they navigate a shifting market landscape.
Banks Seek Expanded Participation in Mortgages Amid Regulatory Changes
Top banks in the mortgage space may adopt a more aggressive approach as potential changes to capital rules could enhance their lending flexibility.