Decrease in Home Equity Levels Recorded in Q4
The share of mortgaged homes with significant negative equity rose slightly from the previous quarter. Read more about home equity levels in Q4.
Examining the Impact of 2023 on the Housing Market
Discover the annual average and median percentage of households purchasing homes, which was 4.78% and 4.64% respectively over 40+ years. In 2023, this figure decreased to 3.58%. Valuable insights for private lenders.
Dark Matter brings aboard seasoned mortgage technology expert from ICE
Looking for ways to boost your LOS market share? Discover how Tony Fox, renowned industry expert, will leverage automation as firm's new Chief of Client Engagement. Don't miss out!
Angel Oak Mortgage Solutions Explores the Potential of HELOCs
Unlock high levels of equity with a non-QM lender's bank-statement product. Private lenders can benefit from this opportunity. Expert advice provided.
First Financial Bank plans $700M investment in affordable mortgages by 2028
Looking to invest in the mortgage industry? Learn about a $2.4 billion capital infusion agreement with the National Community Reinvestment Coalition. Find out more here.
Mr. Cooper’s Subsidiary to Announce $1 Billion Debt Issuance
"Discover exclusive investment opportunities with Nationstar Mortgage Holdings. Explore senior notes options offering an attractive 7.125% annual return."
Gas Stoves Gain a Point: A Phil Hall Op-Ed
Discover how new federal energy-efficiency standards have improved gas stoves on the market, providing valuable insights for private lenders. Read more on Weekly Real Estate News.
Local Brokerages Replace Anywhere Affiliates in PA Commission Lawsuit
Plaintiffs and defendants altered in the Spring Way lawsuit with the filing of an amended complaint, offering valuable insights for private lenders.
Lenders remain uncertain of stability after persistent cost-cutting efforts: Stratmor
"Explore opportunities to reduce production losses in the mortgage industry as lenders seek bold strategies amidst positive trends for 2024."
8.3% Surge in Pending Home Sales Signals Industry Growth
Get the latest update on the real estate market with a projected 13% increase in existing home sales for 2024. Check out the details here.