Alabama Home Sales Increase After Three-Month Decline
Alabama experienced a 3.7% decrease in foreclosures, highlighting trends that may impact lending strategies and investment opportunities for private lenders.
Trade groups advocate for flood insurance extension amid looming shutdown risks.
As a federal government shutdown looms, housing and insurance sectors advocate for an extension of the National Flood Insurance Program to ensure stability.
NAR Issues Cease-and-Desist Letter to Realtors in Phoenix
NAR raises concerns over Phoenix Realtors' decision to permit agents to join the local trade group without state or national affiliation. Implications for private lenders.
Proposed House Bill Aims to Provide Mortgage Insurance Relief for FHA Borrowers.
New legislation proposed in the House aims to eliminate mortgage insurance premiums for FHA borrowers once they achieve specified home equity thresholds.
Examining Misrepresentations in Business Purpose and Residential Bridge Loans
Explore the implications of AB 3108 on misrepresentations in business purpose and residential bridge loans, shaping guidelines for private lenders in California.
Addressing Leadership Gaps in the Mortgage Industry: Causes and Solutions
Explore the nuanced relationship between leadership and organizational flaws in the mortgage industry, shedding light on the critical role of effective leadership.
ICE and Sagent are broadening their presence with new office openings.
ICE is relocating its mortgage technology division headquarters to Jacksonville, while Sagent expands its footprint with a new office in Dallas, enhancing regional presence.
Powell’s Comments Lead to Increase in Mortgage Rates
Federal Reserve Chairman Powell's remarks during the Q&A press conference led to an increase in the 10-year yield, impacting mortgage rates significantly.
Boston’s Success Real Estate Closes Operations Suddenly
Broker Steve Webster informed agents that SUCCESS Real Estate is shutting down, with sources citing an alleged embezzlement scheme as the cause.
Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates
Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.