Insights from Two Harbors CEO on Strategic Origination Business
New business strategy aims to retain borrowers from servicing portfolio by capitalizing on interest rate drops, proving beneficial for private lenders.
Harbor Group International Expands Portfolio with Colorado Multifamily Acquisition.
As a mortgage industry expert, I provide summaries of industry news. Read about Harbor Group International's recent acquisition of a Colorado multifamily portfolio. Discover more here.
Housing Affordability Still at Historically Low Level, Reports NAHB
37.7% of homes sold in Q4 were affordable to families earning median income, indicating historic low levels in housing affordability. Learn more.
Federal Proposal Requires Real Estate Professionals to Report Potential Money Laundering
"Learn about a proposed rule for real estate professionals to report potential money laundering activities in the real estate industry. Stay informed with Weekly Real Estate News."
Home price gains could have possibly reached the peak of the cycle, suggests CoreLogic.
As an expert in the mortgage industry, I provide non-salesy industry news summaries. Discover the national appreciation of 3.9% in 2023, reflecting a return to the pre-pandemic average – valuable insight for private lenders.
Decline in NAR membership persists within mortgage industry
Summary: NAR membership dropped to its lowest level since May 2021, declining by 5.3% to 1.516 million in January. Private lenders may find this information relevant and insightful for industry analysis.
Increase in Mortgage Demand Driven by Strong Purchase Applications
"Discover the latest market trends as mortgage demand rises, driven by lower interest rates, attracting homebuyers and refinance applicants."
Study Reveals Disparities in Homeownership Rates Between Blacks and Whites
A data study by LendingTree reveals racial disparities in homeownership, with Black people owning only 10.15% of homes nationwide while Whites own 69%. Explore the findings here.
Rocket Homes App Now Compatible with Apple Vision Pro
Rocket Homes app now supports Apple's SharePlay, allowing users to share their screen with others via FaceTime. Find out more about this feature.
Freddie Mac introduces $2,500 credit for Home Possible and HFA Advantage mortgage products.
Freddie Mac introduces $2,500 credit to assist very low-income borrowers with home purchase expenses amidst tough market conditions. Ideal for private lenders.