Concierge Program Provides Upfront Prep Funds for Christie’s Sellers
@properties Concierge allows sellers to access up to $50,000 for home preparation, deferring payments until closing or after 12 months, enhancing sale potential.
Florida Home Sales Increase Amid Declining Prices
Florida's median sales price for single-family homes shows a slight decline, signaling potential opportunities in the market for private lenders.
PHH Mortgage enhances technology for AI-driven subservicing solutions.
PHH Mortgage enhances LASI AI with call recording access and loan-level data tools, boosting efficiency for subservicing clients in the private lending sector.
UMortgage Introduces a Flat-Fee Broker Compensation Model
UMortgage is introducing a flat-fee compensation model, aiming to streamline processes and enhance transparency for private lenders in the mortgage industry.
Rental Housing Market Reclassified as More Favorable for Renters
Explore the shifting dynamics of the rental housing market, where coastal metros stand out amid a broader renter-friendly trend.
Homes.com Introduces AI-Enhanced Home Search Using Microsoft Azure OpenAI
Discover how Homes AI, powered by Microsoft Azure OpenAI, enhances real-time home searching and delivers personalized neighborhood insights for borrowers.
Misconceptions about Mortgage Escrow Continue Amid Rising Payment Amounts
Homeowners often face unexpected increases in escrow payments, with 62% attributing this change to rising property taxes, impacting private lenders’ assessments.
Rick Seehausen Appointed President of Lenders One
Rick Seehausen takes the helm at Lenders One following Justin Demola's departure to Equifax, signaling potential changes in leadership and strategy.
Sumitomo Forestry Purchases Tri Pointe Homes for $4.5 Billion
Japan’s Sumitomo Forestry has acquired Tri Pointe Homes for $4.5 billion, ensuring its presence as a subsidiary, which may impact market dynamics and investment strategies.
Longbridge and Mutual of Omaha Reach Settlement in Reverse Mortgage Case
Longbridge Financial and Mutual of Omaha have settled a lawsuit concerning misleading claims in reverse mortgage advertising, impacting industry standards.