Mortgage Rates Gradually Approach 6% Threshold
Housing market dynamics show improving conditions for buyers and sellers. Anticipation of lower mortgage rates may enhance opportunities in the near future.
Reasons Behind Vendors’ Delays in Transitioning to the ICE SDK
"ICE delays legacy tech retirement, sparking debate among lenders about the industry's readiness for modernization and the need for timely adaptation."
Georgia Couple Loses Home Due to Forged Deed and Mortgage Fraud
Couple challenges $50,000 reverse mortgage repayment notices, asserting they never signed the agreement, raising concerns for private lenders on loan validity.
FMLS Plans to Implement New RentSpree Platform
Discover a platform that seamlessly integrates with MLS systems, providing agents with enhanced tools to streamline and manage rental transactions efficiently.
HUD’s English-Only Policy Barriers to Achieving the American Dream
HUD's enforcement of an English-only policy raises concerns about access to housing resources for non-English speakers, potentially hindering their pursuit of the American Dream.
Achieve Completes $226 Million Home Equity Line of Credit Securitization
Achieve and Sutton Funding LLC, affiliated with Barclays Capital Inc., co-sponsored a recent deal, highlighting collaboration and investment growth in the private lending sector.
Florida Mortgage Professionals Advocate for Changes in Condo Guidelines
The Florida Association of Mortgage Professionals (FAMP) confronts housing affordability issues, offering insights and strategies for private lenders in the market.
Lenders encouraged to establish AI compliance foundations promptly.
Colorado's AI Act aims to oversee AI system development and usage, emphasizing regulations for high-risk classifications to ensure ethical practices in the sector.
Hurricane season begins as homeowners face rising insurance costs.
Homeowners' loss ratios are on the rise, increasing from 75% in 2021 to 85% in 2023, highlighting growing risks for private lenders in the mortgage market.
Kevin Ryan of Better expands role at Houlihan Lokey during executive reshuffle.
Several senior executives from Better's control and finance teams have departed or secured new positions amidst the company's ongoing financial challenges.