Mortgage Applications Decrease by 5.2% Following Rate Increase
Mortgage applications declined 5.2% as rising rates impacted refinance and purchase activities, signaling potential shifts in market dynamics for private lenders.
Ackman deems GSE stock sale impractical and proposes alternative plan
Billionaire investor Bill Ackman unveils a three-step plan for Fannie Mae and Freddie Mac, declaring a stock offering as unfeasible amidst ongoing industry challenges.
The Rise of Mortgage Defects and Their Increasing Importance
Mortgage loan defects increased for the second consecutive quarter, primarily due to cash-out refinances and rising eligibility challenges for borrowers.
Transitioning from Transactional to Strategic: The Importance of Data and Rentals for Agents
In a stagnant housing market, private lenders can capitalize on the growing rental demand by becoming data-driven advisors to enhance client engagement.
Baltimore Multifamily Community Sold for $5.95 Million
Transforming a historic property, The Baltimorean offers various apartment options, appealing for investment in the multifamily real estate market.
Selling Seller-Financed Notes: Streamlining Your Exit Strategy with Professional Servicing
# Selling Process & Timeline: Questions about the steps involved in selling a seller-financed note, required documentation, typical closing timelines, what to expect from note buyers, and potential delays. For **mortgage lenders, brokers, and investors**, the ability to originate seller-financed notes offers exciting opportunities, [...]
Expert Servicing: The Key to Valued Private Mortgage Notes and Seamless Exit Strategies
# Selling Process & Timeline: Questions about the steps involved in selling a seller-financed note, required documentation, typical closing timelines, what to expect from note buyers, and potential delays. In the dynamic world of private mortgage servicing, understanding your "Exit Options for Seller-Financed Notes" [...]
NAR Proposes Repeal of MLS Rules and Updates to Ethics Code
NAR's proposed MLS rule repeals aim to enhance local association authority while updating the code of ethics for better compliance with commission lawsuits.
Professional Note Servicing: The Key to Maximizing Value and Simplifying Your Exit Strategy
Selling Process & Timeline: Questions about the steps involved in selling a seller-financed note, required documentation, typical closing timelines, what to expect from note buyers, and potential delays. In the dynamic world of private mortgage servicing, understanding your "Exit Options for Seller-Financed Notes" isn't [...]
FHA Loans Contribute to Rising Mortgage Delinquency Rates
FHA loans are driving the rise in mortgage delinquencies, influenced by economic factors like a weaker labor market and rising costs for borrowers.