Discover how the mortgage market is responding to the decrease in interest rates and why this shift may be beneficial for private lenders. Explore how the latest figures affect the industry and what opportunities arise from current trends.
This meta-description aims to inform private lenders of the news that ICE completed its acquisition of Black Knight for $11.9 billion after more than a year of antitrust challenges. Learn how this affects the mortgage lending industry and its implications on private lenders.
Mortgage rates moved lower modestly after job openings declined in July, leaving them below pre-pandemic levels. Despite this, they still remain above average, providing an opportunity for private lenders to capitalize on higher demand.
NexTier Bank announces acquisition of Mars Bancorp, boosting total assets to over $2.6 billion. Learn the story of this mutually beneficial deal and the positive impacts for private lenders.
"Stay informed about the latest information in the home sales market with this article. Discover the July data released by the National Association of Realtors which reveals a rise of 0.9% in pending home sales, mirroring overall sector growth of +4.4%. Get the details you need to make informed decisions as a private lender."
This summary outlines Mat Ishbia's outstanding commitment to ensure the acquisition of the Phoenix Suns. It highlights his support, providing more than half the shares of his mortgage company as a guarantee to secure loans. This is excellent news for private lenders looking for reliable investments.
As the housing market continues to show resilience, low supply has driven demand for homes even in the face of high mortgage rates. Learn about the advantages and challenges this situation presents to private lenders in this industry analysis.
Better saw strong growth in Q2 of 2020 with another increase in origination volume. With $900 million funded across 2,421 loans, lending activity was up compared to Q1 where $800 million across 2,347 loans was funded. Learn more about how the private lending industry has experienced growth.
Learn about the various strategies to foster a more equitable environment in the mortgage industry.
"Discover why 29 current and former leaders of the National Association of Realtors were reporting sexual harassment and a toxic culture of fear. Learn more from the New York Times investigative report involving private lender interviews."
