West Coast Faces Surge of Copycat Commission Lawsuits in Mortgage Industry
"Discover the latest lawsuit alleging collusion in the California real estate market, involving agent commissions and a major MLS. Get insights for private lenders."
November sees a 67 basis point drop in mortgage rates with a 10% decrease in production.
Discover the latest trends impacting the mortgage industry. November saw a significant drop in mortgage rates, yet lock volume decreased by 10%. Insights for private lenders.
Upright’s DSCR Rental Loan: Fintech Advancement in the Mortgage Industry
Upright, based in Cleveland, Ohio, introduces a new DSCR rental loan for investors. Discover how this debt service coverage ratio can benefit private lenders.
HUD’s Self-Congratulatory Accolades Critiqued by Mortgage Industry Expert
Discover how Secretary Marcia L. Fudge's homeowner achievements, as highlighted in a recent HUD press release, could interest private lenders.
EasyKnock faces scrutiny over alleged deceptive sale-leaseback practices in Massachusetts.
Mass. Attorney General fines EasyKnock $200k, bans sale-leaseback scheme. Proptech firm compelled to cease operations; relevant for private lenders.
Wall Street Investors’ Share of Home Purchases Remains Steady
Despite the hype, big investors remain a small fraction of homebuyers and are not responsible for the scarcity of housing inventory. Find out more.
Analysis of Real Estate Performance During Dec. 4-8
Discover the latest updates for the mortgage industry, featuring a governor's plan for starter homes, an unexpected Person of the Year, and Jamie Dimon's critical views on cryptocurrency.
Safeguarding Private Lenders Against Widespread Mortgage Fraud
Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.
US Jobs Report Exceeds Expectations, Demonstrating Strength in November
As a mortgage industry expert, I provide clinical summaries of industry news. Learn how employers' increased hiring in November affects private lenders' confidence in future interest rate cuts.
Mortgage rates have returned to 7% after a long awaited period.
Stay up-to-date with the mortgage industry: Explore the latest as mortgage rates decline and the 10-year Treasury yield falls below 4.2% for the first time in months. Ideal for private lenders.