Fannie Mae’s Increasing Blacklist Is Hindering Home Sales
Condominium owners face challenges selling as properties are blacklisted by Fannie Mae due to insurance and repair issues, complicating buyer financing options.
NAR Reports Increase in Black Homeownership Rate, Yet Below Other Groups
Explore the rising trend in Black homeownership in the US, highlighting the overall increase in homeownership rates and demographic disparities.
Pennsylvania Mortgage Brokerage Claims Kickback Accusations Are Government Overreach
State attorneys general are increasingly targeting violations of the Real Estate Settlement Procedures Act (RESPA), highlighting a rise in regulatory scrutiny within the mortgage industry.
Five Consent Orders Issued for Unregistered Mortgage Broker in British Columbia
Four real estate licensees and a mortgage broker face disciplinary actions in British Columbia. Discover the implications for private lenders in this evolving landscape.
Manhattan’s Median Apartment Rent Reaches $4,500
Manhattan's median apartment rent reaches $4,500, surpassing previous records, highlighting market trends and investment opportunities for private lenders.
Rising Production Expenses Affect IMB Profits in Fourth Quarter
In Q4 2024, 61% of firms across all business lines reported pre-tax net financial profits, a decrease from 71% in Q3 2024, indicating shifting market dynamics.
TD Bank and Flagstar Bank to Close Multiple Branches Nationwide
TD Bank and Flagstar Bank are set to close multiple branches across various states, highlighting ongoing shifts in the banking landscape that may impact lenders.
Supreme Lending plans expansion efforts on the West Coast.
Mortgage industry veterans Eli Fairfield and Brian Keranen have joined Everett Financial as regional directors, enhancing their expertise in the Pacific Southwest.
Mortgage Demand for New Homes Decreases by 6.9% Year-Over-Year
Mortgage applications for new-home purchases declined by 6.9% year over year, signaling potential shifts in housing market dynamics, as reported by the MBA.
The Most Expensive Home Sale Recorded in February Is…
Coastal Florida leads with seven of the top 10 highest home sales, highlighting a competitive market for private lenders. Explore key insights and trends.