Rising Costs Are Penalizing Homeownership for Millions, Reports First American
Housing cost burdens for borrowers have increased, rising from 19.8% to 20.3% of household income, signaling potential challenges for private lenders.
Conversion of Office Space to Residential Use Initiated on DC Property
Explore the transformation of a prime DC office building into modern apartments, highlighting trends in urban redevelopment and opportunities for private lenders.
Patty Arvielo Discusses Representation and NAF’s Promising Future
Arvielo advocates for increased female participation in the mortgage industry, emphasizing mentorship and strategies for achieving exceptional company growth.
The Winning Formula for Jills Zeder Group: Luxury, Loyalty, and Legacy
Miami-based firm achieves $1.85 billion in closed sales volume, surpassing competitors and establishing itself as a dominant player in the real estate market.
Court Denies CFPB’s Attempt to Overturn Townstone Redlining Settlement
A federal judge ruled that the CFPB lacks authority to void its settlement with Townstone Financial, impacting regulatory dynamics in the lending industry.
Court Establishes Trial Schedule for Mutual of Omaha and Longbridge
A recent court filing sheds light on the timeline for a jury trial in the reverse mortgage advertising lawsuit, potentially impacting industry practices and disclosures.
Report Reveals 28% of Homes Selling Above Their Asking Prices
New listings have increased by 5.2% year-over-year, while 28% of homes are selling above asking price, presenting opportunities for private lenders.
Bethenny Frankel sells her Connecticut estate for $7.83 million.
Discover the historic Applejack Farm estate, a former governor's residence in Connecticut, now sold for $7.83 million, highlighting luxury market trends.
Record Surge in Real Estate Investor Sales Achieved
Explore the surge in investor activity in Missouri, Oklahoma, and Kansas, where buyer shares are significantly increasing, offering insights for private lenders. Continue Reading Real Estate Investor Selling Hit Record High in 2024
Mortgage Applications Increase to Highest Level in a Month
Mortgage demand sees a significant boost, with purchase applications 20% higher than the previous year, highlighting a strong market momentum post-holiday.