Fifteen percent of California homebuyers can afford a median-priced home.
Only 15% of California homebuyers could meet the income threshold for a median-priced home, highlighting affordability challenges in the market.
John Burns: The narrative of the ‘California exodus’ is concluding.
New findings challenge the "California exodus" narrative, highlighting resilience in the housing market despite rising prices and competition for private lenders.
Gibson plaintiffs claim eXp and Weichert engaged in reverse auctions.
Gibson plaintiffs express strong opposition to the settlements between eXp and Weichert with the Hooper plaintiffs, raising concerns over industry practices.
Rithm Capital reports 57% profit growth for Newrez’s parent company.
Rithm Capital, parent of Newrez, reports impressive growth, achieving $835 million net income in 2024—up 57% from the previous year’s $533 million profit.
Longbridge and Mutual of Omaha Obtain Delay in Reverse Mortgage Lawsuit
A lawsuit and countersuit over alleged deceptive marketing practices in reverse mortgages have extended crucial deadlines, impacting industry stakeholders' strategies.
Climate Risk and Its Effects on Property Valuation in the U.S. and Canada
Explore the impact of climate risks on U.S. and Canadian real estate, highlighting regional challenges for property values and mortgage lending strategies.
Concerns Rise Over a Weaker CFPB and Its Impact on Enforcement Standards
Scott Bessent's recent appointment as acting director of the CFPB and his order to pause bureau activities raises implications for private lenders and regulatory compliance.
Arrival Home Loans Collaborates with Fintech Company Zavvie
Arrival Home Loans and zavvie unite to enhance owner-occupied bridge loans, leveraging advanced technology for single-family home transactions.
Phil Hall Op-Ed: Could Climate Change Diminish $1.5 Trillion in Home Values?
Explore insights on potential long-term impacts of climate change on housing values, and what this means for private lenders and their investment strategies.
Ownwell Collaborates with Valon for Property Tax Monitoring Solutions
Ownwell partners with Valon to provide homeowners with property tax savings solutions, enabling them to minimize expenses and enhance financial well-being.