UWM files lawsuit against Mortgage Solutions and owner for EPOs and trademark infringement.
Read the latest industry news: A lawsuit reveals Mortgage Solutions failed to reimburse UWM for 12 loans, totaling $124,011.37, paid off within 180 days.
Builder Confidence Reaches Highest Level in Six Months
NAHB Chief Economist predicts a 5% increase in single-family starts. Builder confidence reaches a 6-month high. Learn more.
Investors Acquired 26% of Affordable Homes in Q4 2023
Investors purchased 26% of affordable homes during Q4 2023, with single-family homes accounting for 68.6% of their investments. Read more.
Freddie Mac reports strong financial performance in latest earnings report.
As a mortgage industry expert, I write summaries on industry news. Check out Freddie Mac CEO's financial results showcasing mission accomplishments and notable net worth growth.
Mortgage rates increase, leading to decreased application activity
As mortgage rates rose, last week's weaker mortgage demand, indicated by a decline in applications, may catch the attention of private lenders.
Actions Real Estate Agents Should Take in the Upcoming Quarter
"Discover crucial strategies for private lenders to maximize their success in the current quarter and beyond. Set appointments and engage in fruitful conversations to strengthen your year."
Guild secures agreement to acquire Academy Mortgage, according to reliable sources.
Our mortgages industry news summary highlights job growth opportunities with Academy, informing private lenders about job offers for sales and management.
Affordability challenges persist for younger borrowers despite potential improvement in mortgage market
Discover the latest trends in the mortgage industry, indicating a positive outlook for private lenders. Learn about the challenges faced by younger borrowers in an increasingly unaffordable market. Stay informed to make informed financial decisions.
The Implications of Sitzer/Burnett Verdict – Expert Op-Ed Analysis
Private lenders may face business challenges due to commission lawsuits impacting brokers this year. Read more in this Phil Hall Op-Ed article.
Can Buyers Keep Pace as Sellers Return to the Housing Market?
As an industry expert, get insightful updates on the mortgage market. Inventory levels of unsold homes are steadily growing, even as it declined slightly this week. Private lenders find this valuable information in making informed decisions.