Newly Launched Stairs Financial Platform Assists First-Time Homebuyers
Discover Stairs Financial, a new Texas-based mortgage platform serving first-time homebuyers. Get expert support for your lending needs today.
Compass to Eliminate COO Role Resulting in Greg Hart’s Departure
Compass' COO Greg Hart to leave brokerage at year-end, as per SEC filing. Valuable insights for private lenders in the mortgage industry.
The Federal Reserve maintains interest rates and anticipates three rate reductions in 2024.
As a mortgage industry expert, I provide clinical summaries of industry news. Explore the recent Fed decision marking a fourth pause, signaling potential growth and better days for private lenders.
PrimeLending hires additional top-performing loan officers in Texas.
PrimeLending's new LOs achieve impressive $20M+ production volume YTD, highlighted by Modex, a mortgage tech platform. Valuable insights for private lenders.
Rocket Homes App Now Accessible on Apple CarPlay
Discover the latest integration as Rocket Homes App becomes accessible on Apple CarPlay, offering private lenders an enhanced and convenient experience.
Concerns rise among homeowners regarding the rising expenses of flood insurance.
"Discover the rise in flood insurance costs and its impact on homeowners' affordability. Fannie Mae shares insights from a national flood survey."
November sees a 67 basis point drop in mortgage rates with a 10% decrease in production.
Discover the latest trends impacting the mortgage industry. November saw a significant drop in mortgage rates, yet lock volume decreased by 10%. Insights for private lenders.
Upright’s DSCR Rental Loan: Fintech Advancement in the Mortgage Industry
Upright, based in Cleveland, Ohio, introduces a new DSCR rental loan for investors. Discover how this debt service coverage ratio can benefit private lenders.
Redfin’s New Pay Plan Expands to Two Additional California Markets
Redfin expands pay plan to agents in Orange County and San Diego, following successful launch of Redfin Next, a notable development for private lenders.
Lawsuit Alleges Racial Discrimination at UWM in Ex-Employee’s Legal Action
Summary: A former account executive has made allegations of racial discrimination against United Wholesale Mortgage (UWM). Private lenders may find this news relevant and informative.