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.
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.
9 Steps in the Seller-Financed Note Selling Process Every Lender Should Know
Selling a seller-financed note runs through nine documented steps, from initial valuation through borrower notification of the servicing transfer. Learn what note buyers require at each step and where deals most often stall.
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.
9 Ways Professional Note Servicing Simplifies Your Seller-Financed Note Exit
Professional servicing makes seller-financed notes cleaner, faster to sell, and worth more at closing. Here are 9 ways it changes exit outcomes.