AD Mortgage completes $432.4 million non-QM RMBS transaction.
AD Mortgage Trust 2026-NQM5 features a robust backing of 1,008 loans, boasting a 754 weighted average FICO score, indicating strong borrower creditworthiness.
Missouri Realtors Organize Rally Opposing Two Ballot Amendments
Missouri realtors rally against proposed amendments, with a $1 million opposition fund, highlighting the ongoing political dynamics in real estate.
MBA Analysis Reveals Limited Pricing Effects of Single Credit Score Method
MBA's analysis of nearly 105,000 applications reveals that 90% of random scores aligned closely within a single LLPA bucket, highlighting decisioning consistency.
West Capital Lending Challenges LoanDepot’s Motion to Dismiss TILA Case
West Capital Lending challenges loanDepot's lawsuit dismissal, alleging illegal compensation practices that may create an unfair competitive edge in the mortgage industry.
Analysis of the Dual Credit Score Mandate’s Impact on Small Business Costs
Fannie Mae and Freddie Mac suggest a unified credit score, while FHFA mandates two. This shift could raise operational costs and borrowing prices for lenders.
Synergy One to Acquire Newrez’s Distributed Retail Mortgage Operations
Synergy One is set to acquire Newrez's distributed retail business, reflecting a strategic focus on joint ventures and direct channels for sustained expansion.
Sotheby’s International Realty Purchases Majestic Realty Collective
Sotheby's acquisition enhances luxury and resort market visibility, adding strategic locations across Colorado, Utah, Nevada, and California for private lenders.
Mortgage Applications Decline Amid Holiday Week and Rising Rates
Mortgage applications declined by 2.2% for the week, driven by a 4% drop in refinances and a 1% decrease in purchase activity, indicating market slowdown.
AI in Real Estate: Industry Professionals Believe It Lacks Effectiveness
Despite broad implementation, only 35% of respondents in a recent report find AI truly beneficial, highlighting varied industry perspectives on its effectiveness.
Realtors criticize emphasis on trademark enforcement: Is this NAR’s priority?
NAR's trademark enforcement initiative faces criticism from members demanding clarity on lawsuits, MLS guidelines, and trust issues within the industry.