Take Advantage of Existing Low Mortgage Rates
Amid rising rates, the housing market faces stagnation, leaving potential buyers disheartened. Many fear missing favorable rates seen in 2021.
MBA projects $2.2 trillion in mortgage origination for 2026
Purchase originations are projected to rise by 7.7% to $1.46T, while refinance originations may increase by 9.2% to $737B, indicating a positive market trend.
Optimizing Capital: Uncovering Hidden Costs and Driving Profit in Private Mortgage Servicing
The True Cost of Capital Explained in Private Mortgage Servicing The True Cost of Capital Explained: Unmasking the Invisible Chains in Private Mortgage Servicing As seasoned operators in the private mortgage space, we often find ourselves navigating a complex financial landscape where every decision [...]
Rocket Reduces Workforce Following Mr. Cooper Acquisition Completion
Rocket's $14.2 billion acquisition reflects a significant valuation increase, highlighting strategic growth and completed approvals that may impact private lenders.
Movement Mortgage Implements Technology Overhaul with New Loan Origination System
Movement Mortgage launches MORE LOS, a transformative tech overhaul designed to improve efficiency and collaboration in the mortgage process for private lenders.
Cornerstone Acquires Peoples Bank in Strategic Mergers and Acquisitions Move
Cornerstone Capital Bancorp's acquisition of Peoples Bancorp strengthens its presence in Texas, broadening banking services and enhancing growth opportunities.
Do MLS Policies Adapt to the ChatGPT Era?
Zillow's integration of ChatGPT sparks discussion on MLS policies and their ability to adapt to emerging technologies in the real estate industry.
Longbridge showcases wholesale reverse mortgage technology at NRMLA meeting.
Longbridge Financial introduces innovative tech tools like Bridget AI and Equity Engine at NRMLA, aimed at driving partner growth and enhancing efficiency.
Builder Confidence Increases Amid Market Challenges
Builder confidence shows potential gains in single-family housing starts, signaling positive trends for private lenders in upcoming markets. Continue reading for insights.
NYC Median Rent Increases by 5.4% Compared to Previous Year
Smaller apartments have seen a notable rent increase of 6.0%, rising to an average of $3,581. This trend could impact investment strategies for private lenders.