Could a new tax on ultra-luxury NYC homes affect high demand?
Proposed tax targets second homes over $5 million, imposing higher rates for properties above $15 million and $25 million, affecting private lenders significantly.
Side introduces AI-driven compliance and reporting features in its app.
Side has introduced four AI tools in its Side App designed to validate documents, extract offers, auto-tag signatures, and provide AI-driven reporting insights for private lenders.
A Comprehensive Framework for Addressing Housing and Retirement Challenges in America
The American Dream faces a crisis as millions struggle with affordability and access to homes, hindering wealth creation and retirement stability for homeowners.
Thompson Thrift Plans New 273-Unit Multifamily Project in Reno
Thompson Thrift announces plans for a 273-unit multifamily community in Reno, offering insights into the region's growing residential demand for private lenders.
Broeksmit discusses future actions as MBA enhances advocacy initiatives.
At MBA's National Advocacy Conference, Bob Broeksmit emphasized the need for heightened advocacy as lawmakers evaluate critical housing policy reforms.
Compass Faces Increased Scrutiny Over Private Listings and Double-Ending Practices
Compass achieves a 29.7% to 39.5% market share in five metropolitan areas, highlighting potential issues with double-ending and private listings for lenders.
The Shift of Interactive Dashboards from Optional to Essential
Discover how interactive dashboards enhance transparency and speed for mortgage servicers and partners, enabling data-driven decisions through advanced BI technology.
Will Housing Inventory Experience Year-Over-Year Declines?
U.S. inventory growth decelerated to 3.21% year over year as rates approached 6.64%, while new listings declined by 7.9%, signaling market challenges ahead.
11 Critical Seller Financing Red Flags Every Investor Must Spot
7 Critical Red Flags Every Seller Financing Investor Must Spot Before Signing Seller financing, also known as owner financing or private mortgage, presents an enticing avenue for real estate investors, lenders, and brokers seeking to expand their portfolios and offer flexible solutions in a [...]
NAR resolves Tuccori homebuyer commission case with $52.25 million settlement.
NAR allocates $52.25M for the Tuccori homebuyer settlement, aiming to address Batton claims and enhance buyer confidence in the housing market.