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."
December Sees Significant Surge in Pending Home Sales, According to NAR
As a mortgage industry expert, I provide clinical summaries of industry news. Discover the intriguing rise of 8.3% in pending home sales in December, perfect for private lenders.
Yet another homeowners’ insurance company exits California.
As an industry expert, I provide clinical summaries of news. The Hartford, State Farm, and Allstate have decided to stop offering new homeowners' insurance policies in California from February. Learn more about this development.
Decreased Profits and ROI Experienced by Sellers in 2023 Home Sales
Discover the latest trends in the mortgage industry: the median home price rose by 2.1% from 2022, reaching a record annual high of $335,000. Learn more here.
FHLBank San Francisco’s $1 Million Tribal Nations Program Launched
As a mortgage industry expert, I provide valuable insights on the latest news. FHLBank San Francisco's $1 Million Tribal Nations Program aims to allocate grant dollars based on Native American population in Arizona, California, and Nevada. Discover more at Weekly Real Estate News.
Increase in Funding towards Affordable Multifamily Properties
Strategies for private lenders: Learn how multifamily developers are attracting investments to build more affordable apartments and address housing affordability challenges.
TD Bank Announces $10B Investment for Affordable Homeownership in Ambitious Three-Year Plan
As a mortgage industry expert, I provide unbiased summaries of industry news. Discover how a bank's significant investment in the Community Impact Plan can be of interest to private lenders.
eXp Realty Faces Third Sexual Harassment Lawsuit
As a mortgage industry expert, discover the latest news regarding eXp Realty, the top-ranked brokerage in the country, facing a new lawsuit alleging sexual harassment. Relevant and insightful information for private lenders provided.
loanDepot cyberattack results in data breach, affecting 16.6M customers
As a mortgage industry expert, I provide non-salesy summaries of industry news. Private lenders could find this summary interesting: "Lender offers free credit monitoring & identity protection services, notifying individuals for added security."
Surge in Mortgage Rates, Inventory, and Demand While Price Cuts Decline
As a mortgage industry expert, stay informed on rising housing inventory, new listings, and mortgage rates. Discover how the falling price cut data percentages may impact private lenders.