Builder Confidence Increases after Four-Month Decline
NAHB Chairman Alicia Huey emphasizes the importance of increasing new home production to address the affordability crisis and expand housing inventory.
Allegations of Corporate Espionage Arise Against Summit Founder Todd Scrima
In-depth analysis of corporate raid allegations involving Summit's CEO Todd Scrima, accused of colluding with ex-Managers from Movement - valuable insight for private lenders.
Newly introduced bill focuses on mortgage trigger leads, say senators
"New bipartisan bill targets mortgage trigger leads, gaining support from MBA. Stay informed on the latest developments in the private lending industry."
Fannie Mae Broadens Utilization of Approved Outreach Languages in Updated Selling Guide
"Discover Fannie Mae's expanded use of attorney opinion letters instead of title insurance in its selling guide update - beneficial for private lenders. Learn more now."
Former Industrial Site in Los Angeles Transforming into Affordable Housing Community
Discover the latest addition to Los Angeles' real estate market - a new mixed-use apartment complex currently being built, perfect for private lenders.
Despite a decrease in Q3 home flipping, profits have increased in the mortgage industry.
Discover the latest industry news for private lenders: Q3 saw a decrease in home flipping, but profits were up significantly with a typical profit margin of 29.8%. Read more at Weekly Real Estate News.
Rocket Homes Introduces Apple CarPlay for Convenient House Hunting on the Go
The Rocket Homes iOS app now accessible in car infotainment screens via Apple CarPlay, enabling convenient house hunting for private lenders on the go.
Berkshire Hathaway Affiliate Faces Lawsuit Alleging Commission Misconduct
Discover the latest legal challenge to real estate commission protocol involving a Berkshire Hathaway affiliate. Gain insights at Weekly Real Estate News.
Significant Decline in Asking Rents Shows Record Decrease
"Renters find relief as asking rents experience significant decline, according to Redfin Chief Economist. Read more on Weekly Real Estate News."
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.