American Pride Bank Introduces Third-Party Mortgage Origination Program
Discover how American Pride Bank, through partnerships with brokers, is expanding access to homeownership for Americans and enhancing mortgage options.
Rate’s Strategy to Address the Significant Gap in Non-QM Lending
Company aims to double production in the segment, introducing a new product suite, competitive pricing strategies, and enhanced training for loan officers.
The labor market continues to sustain elevated mortgage rates.
To achieve mortgage rates below 6%, a shift in the labor market is required, which remains unchanged. Counsel private lenders to monitor these trends closely.
Howard Hanna Settles Lawsuit Over Gibson Commission Dispute
Court filing seeks to pause all proceedings against Howard Hanna while settlement approval process unfolds, potentially impacting private lenders involved.
Realtors at Odds Over National Association of Realtors Speech Code
Debate surrounds the code's impact on free speech rights versus the necessity for ethical standards in lending practices, raising important industry concerns.
Century Communities Launches New Community in the Atlanta Area
Explore a new Atlanta-area community featuring nearly 100 single-family homes with prices starting in the low $300,000s, ideal for private lending opportunities.
RE/MAX reports another loss, but CEO asserts a path to recovery and growth.
RE/MAX faces significant challenges with annual revenue, agent count, and cash flow declines, resulting in a reported adjusted net income loss of $3.2 million.
Coldwell Banker Realty enhances support for agent transactions.
Discover how in-house Client Experience Specialists streamline non-licensed transaction duties for agents, enhancing efficiency and client satisfaction in private lending.
UWM confronts class-action lawsuit regarding potential misuse of 401(k) assets.
A Michigan lawsuit claims UWM breached the Employee Retirement Income Security Act (ERISA), raising concerns for private lenders regarding compliance and fiduciary duties.
Pending Home Sales Increase by 6.1 Percent
Pending transactions decreased slightly by 0.6% year-over-year, yet a notable 6.1% jump in pending home sales signals market resilience and opportunity.