Private lenders may be interested in a recent class action lawsuit filed against reverse mortgage companies alleging unlawful fees for appraisals, inspections, property preservation, and attorneys' fees or costs. Learn more.
Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.
As a mortgage industry expert, providing industry news summaries, my focus is on the current challenges faced by home buyers. Discover the impact of high mortgage rates, limited inventory, and soaring home prices, making 2023 the most unaffordable year for private lenders.
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.
Lawmakers propose bills to regulate institutional investor activity in single-family housing. Stay informed with the latest developments for private lenders.
Pennymac Financial Services surpasses expectations, raising $750 million with institutional investors, indicating strong confidence in the company's potential for private lenders.
"As some areas gain attention for potential housing-market declines, private lenders should pay heed. California, New Jersey, and Illinois stand out as at-risk markets, according to ATTOM CEO Rob Barber."
Rhode Island’s Newport County experiences significant growth in second home transactions, making it an appealing market for private lenders. Learn more here.
Looking to invest in mortgages? The CBC Mortgage Agency introduces temporary rate buydown options for FHA down payment assistance on first mortgages. Explore now!
Find out the top housing markets for 2024 and how home buyers can benefit from lower prices, as analyzed by Realtor.com Chief Economist Danielle Hale.
