Rising Costs and Housing Affordability: Key Concerns for Real Estate Firms
Study reveals 38% of industry professionals anticipate enhanced profitability in 2025, up from 30% in 2023, indicating a positive outlook for private lenders.
Trump nominates Stuart Levenbach from OMB to head the CFPB.
President Trump's nomination of Stuart Levenbach as CFPB director could impact regulatory changes for private lenders and the mortgage industry landscape.
REX requests the Supreme Court to revisit its case for consideration.
REX has filed a petition with the Supreme Court seeking a review of the denial of its certiorari writ, potentially impacting private lending practices.
Mortgage Rates Stabilize Amid Growing Debate Over Fed Rate Cuts
Mortgage rates average 6.38% as pending home sales rise by 15% year over year, prompting markets to anticipate potential cuts from the Fed.
Century 21 Grows Its Presence in Central Florida
Broker-owner Matthew Mobley, with over 20 years in real estate, has launched a newly affiliated firm, enhancing options for private lenders in the market.
PulteGroup Broadens Its Ohio Operations to Include Cincinnati
PulteGroup enhances its Ohio footprint by entering the Cincinnati market, potentially increasing opportunities for private lenders in the region. Read more.
New-Home Mortgage Applications Decline by 2.6% in October
Mortgage applications for new-home purchases decreased by 2.6%, yet new-home sales increased, fueled by lower rates and greater adoption of ARMs.
Lenders Express Optimism for Growth in Future Mortgage Originations
Despite current high rates and prices, private lenders remain optimistic, anticipating a rebound in U.S. mortgage originations driven by market resilience.
The Silent Killer: A Comprehensive Guide to De-Stacking Risk in Private Mortgage Servicing
Risk Stacking in Private Lending: A Comprehensive Guide to Mitigating Cumulative Threats in Private Mortgage Servicing In the dynamic and often intricate world of private lending, the pursuit of opportunity is inherently entwined with the management of risk. For lenders, brokers, and investors operating [...]
First American’s housing market forecast indicates improved affordability.
First American's Odeta Kushi predicts mortgage rates stabilizing in the low-6% range, while additional factors are anticipated to enhance affordability.