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."
Easily learn useful facts about Black homeownership rate with the help of our expert mortgage industry insights. "Gain insight into Black homeownership rate and understand the disparities between white, Asian, and Black households with the help of our mortgage industry expertise. Learn the facts you need to know to make informed decisions with useful industry insights from our experts."
"Mortgage rates have risen yet again last week as the bond market strives to keep up with a growing economy in the lead up to the next Federal Open Market Committee meeting. Keep abreast of how mortgage rates are responding and find out what it could mean for your loan."
National lenders report July purchase applications saw median payment up $318 year-on-year: MBA. Education on strategies & trends in private lending to make informed decisions - get the inside scoop here.
