Foundation Mortgage introduces pricing incentive for brokers.
Brokers who closed and funded non-QM loans with Foundation are eligible for tiered pricing incentives, enhancing opportunities for private lenders.
Condominium Prices Experience Significant Decline in Recent Report
Condo sales experienced a significant year-over-year decline, indicating shifting market dynamics that may impact financing strategies for private lenders.
Argyle Implements Asset Verification via Finicity Partnership
Argyle's new feature provides lenders with a streamlined, GSE-approved method for verifying income, employment, and assets, enhancing efficiency and accuracy.
Real Acquires Flyhomes’ AI-Enhanced Home Search Platform
Real has invested in Flyhome to enhance offerings, introducing the "Buy Before You Sell" product to streamline home-buying for borrowers through its lending services.
California Repeals Environmental Law Hindering New Housing Development
California has modified aspects of CEQA, a move that critics argue could alleviate barriers to new home construction, impacting private lending opportunities.
As mortgage rates decline, will the summer housing market gain momentum?
Recent fluctuations in mortgage rates are closely linked to the political dynamics within the Trump administration and its influence on the Federal Reserve's decisions.
Spring Recruiting Season Concludes Early Amid Continued Drop in Agent Movement
Agent movement in the mortgage industry is sharply decelerating, raising concerns about recruitment challenges as traditional spring activity wanes.
PLS.com Resurrects Antitrust Lawsuit Against the National Association of Realtors
The PLS.com, LLC has initiated a federal antitrust lawsuit against the National Association of Realtors, raising significant implications for the real estate industry.
Zillow responds to Compass’s allegations of irreparable harm.
Zillow plans to challenge Compass's preliminary injunction motion and pursue a motion to dismiss the lawsuit, signaling escalating competition in the real estate market.
FHA Withdraws 12 Policies Amid Efforts to Reduce Regulatory Burden
Scott Turner, HUD Secretary, describes recent FHA program rescissions as bold and necessary, indicating a significant shift in housing policy oversight for lenders.