Atlanta-area firms face new lawsuit over copycat commission in Georgia.
"A lawsuit in Georgia targets NAR, corporate brokerages, and local real estate firms over alleged copycat commission practices. Private lenders take note."
October Sees Decrease in Sales of Single-Family Homes
Discover the latest trends in the mortgage industry with insights on new house sales in October. Explore the median and average sales prices for valuable information.
The Housing Challenge: Expert Insights from the Richmond Fed
Discover how construction costs in 2022 impacted the average sales price of new single-family homes, offering valuable insights for private lenders. Read more.
The Impact of Decreasing Mortgage Rates on Spring Housing Inventory
As a mortgage industry expert, I provide clinical summaries on industry news. Find out how lower mortgage rates are impacting housing supply and increasing demand. Benefit from this valuable insight.
What to Anticipate in the Housing Market of 2024
Discover the latest insights for private lenders in a volatile economy and housing market. Stay informed and navigate uncertainty with expert mortgage industry summaries.
Mortgage applications reach six-week peak, reports MBA.
As a seasoned industry expert, I provide concise summaries of relevant news. Discover how recent rate fluctuations led to a surge in mortgage applications, attracting private lenders. Find out more.
RE/MAX Report: Decline in Home Sales as Inventory Increases
"Explore the latest insights from RE/MAX CEO; home sales are down, yet inventory growth indicates promising signs for the market. Dive into the in-depth analysis here."
Redfin Reports Year’s Highest Level of Pending Home Sales in October
"Explore the surge in U.S. pending-home sales, reaching an annual rate of 401,000 in October. This peak, the finest in a year, draws fresh attention to the dynamic mortgage industry."
Sculptor Successfully Acquired by Rithm Capital in Latest Industry Move
"New York's Rithm Capital finalizes acquisition of Sculptor Capital Management at $719.8M. A transformative step for private lenders considering industry diversification."
Movement Initiates Litigation Against Summit and Former Sales Executives for Alleged Poaching
"Legal battle ensues as three top sales executives transition from Movement Mortgage to competitor Summit Funding, stirring controversy in private lending industry."