Qualia Introduces Solution for FinCEN Compliance.
Incomplete or late FinCEN reports can result in fines up to $1,400 per violation and exceed $100,000 for repeated negligence, highlighting compliance risks.
$36 Million Mixed-Use Development Begins Construction in South Carolina
Discover a new mixed-use development in South Carolina featuring over 650 multifamily units and 95 acres of commercial space, promising growth opportunities.
Report Reveals Increased Sales of Homes at Discounted Prices
Discover insights on home sales trends, revealing that the average closing price is 1.4% below the final list price, indicating a shift in market dynamics.
Christine Chandler Appointed Chairperson of the Mortgage Bankers Association
Christine Chandler takes on leadership as chairperson of the Mortgage Bankers Association, influencing trends and fostering growth in the mortgage sector.
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.