New platform seeks to alleviate down payment challenges in California.
Discover how this innovative platform enhances buyer accessibility by reallocating part of the agent commission as a "down payment boost" for home purchases.
Pending Home Sales Decrease by 6.3% in April
Pending home sales have declined across all regions, reflecting broader market trends impacting private lending opportunities. Discover the implications for your strategies.
Texans Top the Nation in Newly Constructed Home Purchases
Texans are leading the nation in multi-generational home purchases, indicating a shift in housing demands and opportunities for private lenders.
Supreme Lending set to acquire Michigan Mutual, according to sources.
Supreme Lending employees visit Port Huron, Michigan, to officially announce the partnership with MiMutual, highlighting strategic growth in the mortgage sector.
UWM to Introduce 5/1 ARMs for FHA and VA Loan Programs
Explore the 5/1 mortgage option, offering a fixed interest rate for five years, followed by annual adjustments based on market fluctuations.
Luxury Home Prices Increase Despite Slowing Pending Sales Activity
Luxury home prices are on the rise, contrasting with a slowdown in pending sales activity, highlighting market shifts important for private lenders.
Guild Engages in Merger Discussions with Bayview Asset Management
Companies are engaging in initial talks about a wider commercial relationship and a potential corporate transaction, signaling strategic shifts in the market.
Mortgage Bankers Association Discontinues DEI Sections on Website
MBA reviews policies for compliance with executive orders, ensuring alignment with industry standards and government regulations for private lenders.
Iowa Governor Reynolds Prioritizes Property Tax Reform Over Income Tax Cut
Iowa's Governor Reynolds emphasizes prioritizing property tax reform, impacting private lenders and the broader mortgage landscape. Explore the implications.
The Impact of AI on Enhancing the Mortgage Underwriting Process
AI tools are streamlining mortgage processing by automating tasks like income verification and fraud detection, leading to faster approval times and improved efficiency.