Biden proposes first-time homebuyer tax credit and 2 million home construction plan
Stay informed on the latest housing proposals impacting the mortgage industry with expert summaries from a leading industry news source.
President Biden to Address Housing and Commercial Real Estate Concerns in State of the Union Address
Explore how the Biden agenda might impact corporate tax rates and minimum taxes for private lenders. Learn more here.
Justice Department Raises Objections to Settlement in Real Estate Commission Case
The judge has the discretion to reject the settlement despite the DOJ's concerns. Read more about the Justice Department's objections in a real estate commission case.
California judge Issues $19M Penalty, Bans Fraudulent Mortgage Relief Operation
Home Matters USA, labeled a "mortgage relief scam" by regulators, faced severe penalties, including business bans and hefty fines, impacting private lenders. Stay informed on this critical issue.
Introduction of New Title and Escrow Subsidiary by Clever Real Estate
Clever Title's online portal offers secure real-time tracking, document storage, and encryption for private lenders. Discover Clever Real Estate's new title and escrow subsidiary.
MBA reports increased demand for new home purchases in January
Mortgage applications for new homes rise in January, driven by strong demand for new construction amid limited availability of existing homes. Ideal for private lenders seeking investment opportunities.
Existing-Home Sales in California Experience First Year-Over-Year Increase in Over 2.5 Years
Get the latest updates on existing-home sales in California. January saw a year-over-year increase, making it a promising opportunity for private lenders.
January Sees Decrease in Housing Starts
Single‐family housing completions in January were 16.3% below the previous month, indicating a decline in the housing market. Learn more.
Shant Banosian, a top Guaranteed Rate LO, joins Healing Realty Trust’s board
Looking for investment opportunities? Learn how healthcare properties in the $1M to $15M range are becoming a niche market for private lenders.
Fannie Mae CEO declares ‘successful’ year as 2023 financials are unveiled.
"Discover how Fannie Mae's impressive financial performance enhanced its net worth to a remarkable $77.4 billion, capturing private lenders' attention."