CrossCountry Mortgage Updates Conforming Loan Limit to $819,000
CrossCountry Mortgage increases its conforming loan limit to $819,000, enhancing options for prospective homebuyers before upcoming FHFA adjustments.
loanDepot contests class-action lawsuit regarding LO compensation regulations
loanDepot seeks dismissal of a Maryland class-action lawsuit claiming violations of loan officer compensation rules and borrower steering, citing lack of concrete injury.
13 Partial Purchase Mechanics Every Private Mortgage Investor Must Know
Partial purchases split a note's cash flow between multiple parties. These 13 mechanics explain exactly how they work, what breaks them, and how servicing keeps them clean.
Flyhomes exits real estate brokerage to focus on wholesale lending strategy.
Flyhomes will cease its real estate brokerage operations, transitioning agents to The Real Brokerage, marking a significant shift in its business model.
RealReports AI Property Data Integration Grows to MLS Platforms
Restb.ai’s image analysis enhances RealReports’ offerings, enabling letting agents to perform condition-aware property comparisons with improved accuracy and efficiency.
The Journey Toward Automation in the Mortgage Industry
Discover insights on enhancing project efficiency and product innovation. Embrace reflective practices to identify opportunities for improvement in lending.
Smartfi Home Loans Closes Its Retail Division
Smartfi Home Loans, a leading reverse mortgage lender, shifts focus from retail to wholesale operations, prompting the departure of retail president Paul Fiore.
Pulte Reports Termination of FHFA’s Equitable Housing Committee
Discover how the ACAESH aims to enhance affordable housing initiatives, fostering equity and sustainability in the mortgage industry for private lenders.
NAR Responds to Whittman Antitrust Lawsuit Regarding Membership Structure
Private lenders should note that D.C. broker William Whittman is suing the NAR and local Realtor associations regarding the contentious three-way membership agreement.
9 Strategic Imperatives for Private Lenders Who Want to Price Profitably
Stop competing on rate alone. These 9 imperatives show private lenders how to price loans strategically and build sustainable margins.