Short-term rentals challenge traditional appraisal methods lenders must address.
Short-term rentals function as operating businesses, unlike traditional rentals. Explore how Form 1007 impacts STR lending and strategies to mitigate DSCR risk.
Experian to acquire the mortgage comparison platform Own Up.
Experian to acquire mortgage shopping platform Own Up, aiming to enhance homebuying guidance and loan options within its consumer credit ecosystem.
Supreme Court Resolves Emigrant Bank’s 15-Year Dispute Over Jury Award
A $722,000 jury award for reverse redlining remains upheld after the Supreme Court rejects Emigrant Bank's appeal in a significant NYC mortgage case.
Union Home Mortgage Appoints New VP for Manufactured and New Construction Lending
George Dover, ex-president of Cascade Financial Services, steps in as VP at UHM to enhance C2P initiatives and drive growth in manufactured housing lending.
FHFA Advances New Credit Model Amid Resistance from GSEs, Says Housing Policy Council
The HPC found that the FHFA mandated Fannie and Freddie to endorse VantageScore 4.0, highlighting tensions in credit scoring methodology amidst regulatory changes.
Trust Account Violations in Real Estate: Compliance and DRE Enforcement Insights
California DRE mandates strict compliance for trust account rules, holding brokers accountable for documentation, irrespective of intent or consumer impact.
Homebuyers Achieve Largest Price Discounts in Over a Decade
Homebuyers in 2025 experienced significant price discounts, with only four metros seeing offers above asking prices. Explore the latest market dynamics.
Fifth Third completes merger with Comerica, creating ninth-largest U.S. bank.
Fifth Third and Comerica have merged, forming the ninth-largest U.S. bank with $294 billion in assets, enhancing their branch network and market reach.
Analyzing Agent Movement Data to Understand Brokerage Risks Amid Flat Turnover
Agent turnover has significant implications for private lenders, as data reveals a 6.8% turnover rate and internal transfers boost productivity and retention.
7 Costly TILA/RESPA Misconceptions Every Seller Financier Must Avoid
7 Critical TILA/RESPA Misconceptions Seller Financiers Must Avoid In the dynamic world of private mortgage servicing, particularly within seller financing arrangements, navigating the labyrinth of federal regulations like the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) is not [...]