Investor Purchases Decline Alongside Overall Housing Market Trends
Investor home purchases closely mirror consumer sales trends, with a noted decrease in the share of sales driven by investors, according to CoreLogic data.
NAR Issues Cease-and-Desist Letter to Realtors in Phoenix
NAR raises concerns over Phoenix Realtors' decision to permit agents to join the local trade group without state or national affiliation. Implications for private lenders.
HUD allocates $225 million for manufactured home preservation and renovation.
Funding aims to renovate and preserve manufactured homes, addressing supply shortages and promoting affordable housing solutions in the market.
Addressing Leadership Gaps in the Mortgage Industry: Causes and Solutions
Explore the nuanced relationship between leadership and organizational flaws in the mortgage industry, shedding light on the critical role of effective leadership.
Real Brokerage Acquires 400-Agent Urban Nest Realty in Las Vegas.
The Real Brokerage expands its affiliate network by welcoming 400 agents from Urban Nest Realty, enhancing its presence in the Las Vegas market.
Boston’s Success Real Estate Closes Operations Suddenly
Broker Steve Webster informed agents that SUCCESS Real Estate is shutting down, with sources citing an alleged embezzlement scheme as the cause.
NAR requests dismissal of the antitrust lawsuit against Muhammad.
The lawsuit alleges that NAR and others breached contracts and violated federal civil rights laws, potentially impacting market dynamics for private lenders.
CFPB extends mortgage protections to clean energy loans.
CFPB finalizes rule enhancing protections for borrowers of PACE loans, aimed at promoting energy-efficient home upgrades and safeguarding consumer interests.
Outlook for First-Time Homebuyers in the Upcoming Housing Market
Rising housing costs have made homeownership increasingly elusive for first-time buyers, highlighting challenges in today's economic landscape for private lenders.
Is AI poised to replace the role of the loan officer?
Explore how AI is transforming the mortgage industry amidst concerns about job displacement, and discover why there's no need for alarm among loan officers.