Gen Z and Millennial Homeownership Rates Reached a Standstill
Homeownership among Gen Xers shows an increase, rising to 72.9%. Explore trends in Gen Z and Millennial homeownership in our latest report.
Rithm Capital Announces $878 Million MSR-Backed Debt Offering
Rithm Capital, parent of Newrez, announces the largest mortgage servicing rights debt issuance, marking a significant milestone for private lenders in the industry.
Alabama Legislation Allows Home Tours Without Prior Contract Signing
Alabama Realtors support a new bill aimed at enhancing access to mortgage financing, which may influence private lenders' strategies and market opportunities.
Multiply Mortgage Secures $23.5 Million in Series A Funding Round
Discover how Multiply Mortgage's expansion into 45 states and D.C. is backed by a significant $23.5 million Series A funding round. Continue reading for insights.
Florida Home Sales Decline Amid Increased Inventory Levels
Explore the implications of rising inventory levels on Florida's median home sales price, offering insights for private lenders navigating the market.
Four Seasons Collaborates on New Luxury Development in Washington, DC
Explore the new luxury complex by Four Seasons, set to transform a former heating plant site in Washington, DC, offering exciting opportunities for private lenders.
CHLA Encourages FHFA Director to Consider Small IMB Concerns
CHLA outlines key priorities for the FHFA concerning smaller independent mortgage banks in a letter to new director Bill Pulte, focusing on industry stability and growth.
Lennar Launches Sales of Single-Family Homes in Dallas Community
Discover the latest in Dallas real estate as Lennar launches single-family homes starting in the low $300,000s, offering new opportunities for private lenders.
Federal Reserve maintains current benchmark interest rates.
Federal Reserve's anticipated decision reflects ongoing economic data considerations, signaling potential recessionary trends that may impact private lenders' strategies.
Vishal Garg predicts Better’s AI may underwrite 75% of mortgages soon.
Better’s CEO announced that 40% of its current mortgages are underwritten by AI via the Tinman platform, showcasing a significant shift in mortgage processing.