Realty Austin Joins Compass, Expands Reach by 600+ Agents
2023 Realty Austin Ranking #45 in RealTrends 500 for Sales Volume - 8,264 Transaction Sides & $5.239 Billion in Sale Volume - Learn What this Means for Private Lenders.
. FHFA Examines Exemptions for Enterprises Buying Mortgages with Shared Equity
The Federal Housing Finance Agency (FHFA) is considering making adjustments to existing regulations regarding the GSEs (Government Sponsored Enterprises) and the FHLBs (Federal Home Loan Banks) in regards to mortgages and properties with certain types of private transfer fees covenants attached to them. The [...]
Equifax Cuts Underwriting Time with IRIS Software
"Equifax's innovative digital verification tool is now available to an extra one million US small business employees through IRIS Payroll Relief software. Revolutionize your payroll process and get rid of paperwork, eliminating time-consuming manual processes to save time and resources."
Experts Warn of Mortgage Lending Risk from Flood Insurance Program Expiration
Given the looming uncertainty of NFIP expiration, explore the potential impacts on the mortgage business with insights from a mortgage industry expert. Learn how experts are handling the challenge and stay informed on the latest developments for private lenders.
Mortgage Rates Near Yearly High of 7.49%.
This week saw mortgage rates across the US surge, pushing them close to the yearly high. On average, mortgage rates began the week at 7.28%, peaked at 7.47%, and closed at 7.39%. Get current rates and expert advice to make the best decision for your home loan.
Pending Home Sales Slump as Interest Rates Cling to High Levels
"High mortgage rates and home prices put downward pressure on pending-home sales, however new listings indicate future performance may improve. Redfin's analysis provides insight into the state of the housing market and options for private lenders."
US Existing Home Sales Drop in August: NAR Report
"Rising mortgage rates and high home prices are making it increasingly difficult for buyers to purchase an existing home. Low inventory levels are exacerbating the issue. Find out what this means for buyers today and how to navigate the current housing market."
from FHA programs Insurers Withdraw from FHA Programs in Washington State
Discover how property insurance companies in Washington State are struggling to provide coverage due to market volatility and changing regulations. Learn how this could impact rental investors and homeowners in the area.
The Increase in Year-Over-Year Home Prices Explained
Discover how existing home prices have surged while demand stays near its 21st century low. Learn why this surprising phenomenon has become a reality and understand its implications for private lenders.
Court Rules in Favor of Buyer Broker Commissions
Defendants in Sitzer/Burnett Lawsuit Face 2 Dismissed Claims: Unopposed motion for dismissal of state law causes of action filed, Judge Stephen R. Bough to review case. Learn why mortgage industry expert advice is essential for understanding buyer broker commissions.