Utah PLM License: A New Opportunity for Private Lenders
Fortra Law's advocacy is transforming mortgage licensing in Utah, simplifying the process for private lenders involved in business purpose loans. Understand the implications.
Insights from Lenders on Efficiency Trends in the Mortgage Industry
Discover the insights shaping the future of the mortgage industry by engaging in candid discussions at key lender gatherings and events.
Opendoor CEO Kaz Nejatian Discusses Resolution of Key Issues
Opendoor's Q1 revenue reached $720 million, despite a $173 million net loss. The company cites improved resale speed and enhanced cohort stability as key factors.
Redfin Listings Introduce Sunscore: Analyzing Property Natural Light Levels
Redfin now features Sunscore on all for-sale listings, providing a detailed assessment of natural light, enhancing property evaluations for lenders.
Maine Sees Increase in Home Sales and Prices
Maine's median home sales price rose to $410,865, highlighting trends that could impact private lending opportunities and market strategies.
Court Rejects Motion to Dismiss FTC Lawsuit Against Zillow and Redfin
A federal judge in Virginia rejected Zillow and Redfin's motion to dismiss the FTC's antitrust lawsuit concerning a $100M rental agreement, impacting market dynamics.
The CDFI Fund reduction addresses the issue incorrectly.
Proposal for a 63% reduction in CDFI Fund allocations could impact private lenders, reducing funding capacity from $324M to $119.5M in FY27.
Gibson Sotheby’s International Realty expands its presence in New England.
Gibson Sotheby’s enhances its New England footprint, strengthening operations in Massachusetts and surrounding markets while diversifying its service offerings.
Real Estate Highlights and Low Points for the Week of May 4–8
New listings rose, NYC's mayor stirred market sentiment debate, and Ted Turner's property portfolio entered the spotlight. Here's what mattered in real estate this week.
Dino Lack Named CIO at Union Home Mortgage: What It Signals for Mortgage Technology
Union Home Mortgage appointed Dino Lack as CIO, bringing experience from Newrez and Caliber Home Loans. Here's what the move signals for mortgage technology leadership.