NYC Panel Sanctions Up to 4.5% Rent Increase for Stabilized Apartments
NYC's rent stabilization panel approves increases of up to 4.5%, surpassing Mayor Adams' proposals, impacting private lenders and rental market dynamics.
Argyle Implements Asset Verification via Finicity Partnership
Argyle's new feature provides lenders with a streamlined, GSE-approved method for verifying income, employment, and assets, enhancing efficiency and accuracy.
Spring Recruiting Season Concludes Early Amid Continued Drop in Agent Movement
Agent movement in the mortgage industry is sharply decelerating, raising concerns about recruitment challenges as traditional spring activity wanes.
NAMB Shows Support for CHLA’s White Paper on Loan Officer Compensation
NAMB opposes the strict interpretation of loan originator compensation regulations, emphasizing the need for flexibility in mortgage industry practices.
Mamdani Advocates for Property Tax Increases in Affluent Neighborhoods
Explore the implications of the NYC mayoral candidate Mamdani’s stance on property tax in affluent neighborhoods and its potential impact on local real estate dynamics.
Zillow responds to Compass’s allegations of irreparable harm.
Zillow plans to challenge Compass's preliminary injunction motion and pursue a motion to dismiss the lawsuit, signaling escalating competition in the real estate market.
Do Slightly Lower Mortgage Rates Indicate Stability in the Housing Market?
Amid recent Federal Reserve developments, the 10-year yield decrease led to a drop in mortgage rates to 6.72%, contributing to market stabilization for lenders.
Real Estate Highlights and Lowlights for the Week of June 23-27
Explore how cryptocurrency is influencing housing policy, HUD's new headquarters developments, and Cincinnati's stadium decision, impacting private lenders.
Virginia Appeals Court Upholds ‘Missing Middle’ Housing Policy
Recent developments highlight ongoing challenges and strategies aimed at improving housing access in a high-cost real estate market, impacting private lending opportunities.
Bessent Reveals Ten New Appointments at the Treasury Department
Several newly appointed employees bring prior experience as policy advisers and communications specialists from the first Trump administration, shaping future strategies.