Northpointe Bank to Exit Retail Mortgage Channels in Sale to CMG Financial.
Northpointe exiting retail and consumer‑direct mortgage origination; proposed sale to CMG and $6–7M restructuring may spur private lending.
Proprietary reverse mortgages grow as borrowers shift from HECMs.
Recent reporting shows a notable rebalancing within the reverse-mortgage market: Home Equity Conversion Mortgage (HECM) volume dropped to $880 million while private-label reverse mortgages reached $1.2 billion. The divergence underscores a migration of origination and investor interest away from the government-insured HECM channel toward [...]
Mercantile Bank’s mortgage portfolio grows yet stays below prior levels.
Mercantile’s residential mortgages rose modestly while overall balances remain reduced; commercial lending grew. Private lenders should assess funding gaps.
Side’s Google tie-up with HouseCanary may improve listing visibility.
More than 600 Side partners across 19 states can qualify to appear in Google's mobile carousel via My State MLS, increasing visibility for private lenders.
Two questions that prevent growth mistakes for homebuilders.
Private lenders: case study of a banker-turned-builder highlights how risk tolerance and assumed returns shape underwriting, pricing and portfolio outcomes
Retirement delayed as Americans fear outliving their savings.
A new survey finding shows a clear majority of respondents report that recent disruptive events have prompted them to revise retirement plans, generating widespread reassessment of timing, savings and asset allocation. Individuals say they are responding in varied ways — delaying retirement, adjusting contribution [...]
Bank of America forecasts $1.72T mortgage volume, warns of housing replay.
Analysts conclude that a pronounced lock-in effect continues to shape the housing market, with a sizable share of homeowners electing to stay put to retain low-rate mortgages. That reluctance to list is suppressing turnover even as a modest uptick in supply emerges from a [...]
MBA urges policy reforms to reduce housing costs.
A major mortgage trade group is warning that rising tri-merge credit-report costs are squeezing lenders’ margins and complicating underwriting operations. Higher per-file fees for three-bureau pulls are driving up direct origination expenses, with smaller banks and correspondents particularly exposed to the cumulative burden. The [...]
eXp settles sex trafficking suit before trial: impact on the brokerage.
A court filing indicates that legal claims against Bjorkman and Golden remain active despite a public notice announcing a settlement, creating a mismatch between the formal docket and external communications. That procedural disconnect forces mortgage industry stakeholders—investors, servicers and counterparties—to treat the matter as [...]
A coaching framework for real estate agents facing sustained setbacks.
Darryl Davis sets out a clear leadership sequence that prioritizes diagnosis before action: identify who is involved, determine why issues are occurring, then develop strategy. That ordering forces managers to move away from one-size-fits-all fixes and toward tailored interventions that account for individual roles, [...]