Ontario Households Allocate Over 50% of After-Tax Income to Mortgages
Housing affordability perceptions outside the GTA are misleading, with many Ontario households allocating over 50% of income to mortgage payments.
NAR’s MLS Rule Revision Raises Antitrust Law Violation Allegations
NAR's updated MLS policy grants local membership discretion, raising antitrust concerns as noted by Hardy plaintiffs, signaling shifts in industry practices.
Securing Private Mortgages: Navigating Legal & Compliance in Workouts with Expert Servicing
Legal & Compliance Aspects of Private Mortgage Workouts In the dynamic world of private mortgage lending, the ability to navigate challenges effectively can be the difference between a thriving portfolio and a troubled one. For many mortgage lenders, brokers, and investors, the daily grind [...]
FOA outlines forthcoming actions following PHH reverse asset acquisition.
FOA plans to absorb PHH’s $9.6B HECM portfolio amid its exit from reverse mortgages, outlining strategies to navigate upcoming industry changes.
Home Prices Stabilize as Buyers Gain Leverage in a Cooling Market
Over 42% of properties for sale have experienced price reductions, highlighting current market pressures, while only 2% have seen increases in value.
Pennsylvania Experiences 6.4% Increase in Home Sales
Discover insights on the recent growth in Pennsylvania home sales, with the median price at $300,000, relevant for private lenders assessing market trends.
Study Reveals Nearly 9% of Homes Owned by Corporations and Investors
Explore how corporate ownership is impacting housing markets in key communities, with nearly 9% of residences now held by corporate entities and investors.
DeSantis Declares Age-Specific Property Tax Relief as Unfeasible
Explore the implications of proposed tax relief for homestead properties, focusing on benefits for young families and the broader real estate market.
Senate Banking Committee Moves Forward with FHA and Ginnie Mae Nominees
Senate committee advances Frank Cassidy and Joseph Gormley for FHA and Ginnie Mae roles, with industry groups advocating for their swift confirmation.
Manufactured Homes: Addressing the Housing Affordability Challenge
Discover how states with limited manufactured housing, like Hawaii and California, showcase some of the highest median home prices in the country. Insights for private lenders.