Mortgage Rates Remain Steady Amid Deteriorating Economic Outlook
Conforming mortgage rates remain steady, with 30-year rates at 6.79% and 15-year rates rising to 6.58%, impacting lending strategies and market dynamics.
SEC Introduces Significant Update to Reg D Rule 506(c) Compliance Standards
The SEC's update to Rule 506(c) enhances investor verification processes, reducing compliance challenges and facilitating online fundraising for issuers.
REX seeks rehearing in lawsuit involving NAR and Zillow.
Defunct discount brokerage REX Real Estate continues its antitrust fight against Zillow and the National Association of Realtors, challenging industry practices.
Michael Brennan Aims to Build a Lean and Efficient Operation at NMB
Michael Brennan's journey at Movement Mortgage reflects a remarkable career ascent, highlighting significant growth in the Northeast and leadership in the industry.
Fannie Mae’s Increasing Blacklist Is Hindering Home Sales
Condominium owners face challenges selling as properties are blacklisted by Fannie Mae due to insurance and repair issues, complicating buyer financing options.
NAR Reports Increase in Black Homeownership Rate, Yet Below Other Groups
Explore the rising trend in Black homeownership in the US, highlighting the overall increase in homeownership rates and demographic disparities.
Pennsylvania Mortgage Brokerage Claims Kickback Accusations Are Government Overreach
State attorneys general are increasingly targeting violations of the Real Estate Settlement Procedures Act (RESPA), highlighting a rise in regulatory scrutiny within the mortgage industry.
Five Consent Orders Issued for Unregistered Mortgage Broker in British Columbia
Four real estate licensees and a mortgage broker face disciplinary actions in British Columbia. Discover the implications for private lenders in this evolving landscape.
Manhattan’s Median Apartment Rent Reaches $4,500
Manhattan's median apartment rent reaches $4,500, surpassing previous records, highlighting market trends and investment opportunities for private lenders.
Rising Production Expenses Affect IMB Profits in Fourth Quarter
In Q4 2024, 61% of firms across all business lines reported pre-tax net financial profits, a decrease from 71% in Q3 2024, indicating shifting market dynamics.