Single-file credit proposal sparks discussion on savings and risks
A proposal to shift from tri-merge credit reports to a single-file model stirs debate over borrower costs and systemic risk, dividing trade associations.
A Comprehensive Checklist for Agents Preparing for Listing Appointments
Discover a thorough appointment checklist for private lenders, complete with essential tips, effective scripts, and vital questions to engage seller clients.
Winter Weather’s Effect on Housing Inventory and New Listings
Severe winter weather caused a decline in housing inventory and new listings, contributing to a drop in purchase applications, impacting the lending landscape.
Loft47 enhances platform with transaction management and compliance tools for brokerages.
Loft47's updated system streamlines data capture and compliance management, enhancing efficiency for private lenders across all contract origins.
7 Critical Documents for Private Lender Year-End Reporting
7 Critical Documents Every Private Lender Needs for Year-End Reporting As the calendar year draws to a close, private mortgage lenders, brokers, and investors face a critical juncture: year-end reporting. This isn't merely an administrative chore; it's a cornerstone of financial integrity, regulatory compliance, [...]
White House Weighs Antitrust Inquiry into Homebuilding Sector
Trump and FHFA Director Pulte criticize builders for insufficient new housing, hinting at potential antitrust investigations. Explore the implications for private lenders.
House Reduces Suggested Increase in VA Mortgage Fees
House lawmakers adjust a veterans bill to prevent increased VA purchase loan fees, focusing on refinance and assumption charges to benefit veterans.
Redfin Launches ChatGPT Application for Real Estate Searches
Explore Redfin's new ChatGPT app that enables property listing searches and housing trend analysis using advanced conversational AI technology.
CFPB’s Action May Lead to Restitution Checks for Certain Reverse Mortgage Borrowers
CFPB uncovers illegal servicing practices by NOVAD and Sutherland, resulting in $11.5 million for reverse mortgage borrowers. Impact on private lenders assessed.
Foreign Investment Sustains Momentum in U.S. Real Estate Market
Foreign investors are fueling the U.S. real estate market with cash purchases, leveraging favorable rates and long-term strategies despite rising mortgage rates.