Bank of America’s Mortgage Production Drops 6% in Third Quarter
Bank of America's 3Q2023 mortgage & home equity production sees decline. Uncover potential implications & how it affects private lenders. Learn more now.
Kansas City trial of Sitzer/Burnett begins
Experience the Latest in mortgage industry news with expert insights. Get up to date with the Participation Rule, Gary Keller, and Gino Blefari. Stay informed with an expert summary of the latest developments without the sales-pitch. Dive deeper now and stay ahead of the curve for maximum returns.
Truv Streamlines Income Verification with nCino’s Mortgage Suite
This meta description can help Private Lenders make smoother, faster underwriting decisions with Truv and nCino's data integration - streamlining the mortgage process for faster approvals. Let their industry expertise and technology help you make the most informed decisions for your customers.
numbers Executives Visualize a MLS Landscape Without MLS Numbers
A 'must-read' for Private Lenders: Learn about the two class-action commission lawsuits that challenge MLS's value proposition, and why the industry's strength continues to be a safe investment. No dates included - Get the unbiased data here.
FHFA Clarifies Rep & Warrant Guidance on Forbearance Loans From COVID-19 Impact
"The FHFA announced a new policy that treats COVID-19 forbearance loans similarly to those in situations of natural disaster. Find out what this means for private lenders in the mortgage industry today."
New-Home Listings Surge Despite Lower Homebuyer Demand
This week, an inventory increase of 1.8% is making it easier for homebuyers to secure the perfect property to match their homeownership goals. Private lenders are in a unique position to take advantage of heightened demand for mortgages as buyers explore options amidst rising mortgage rates. Discover how the 2023 real estate market and beyond looks for potential homebuyers looking to secure a mortgage with a private lender.
Philadelphia Federal Reserve President Harker: Rates Can Remain Steady
Philadelphia Fed President Harker Calls for End to Hikes, No Cuts Foreseen - Private lenders will find substantial value in this recent opinion from the President of the Philadelphia Federal Reserve on interest rate policy. Learn what this means to them and their investments.
Mortgage Industry Faces Legal Test as First Broker Commission Lawsuit Goes to Trial
Discover the fate of guaranteed shared compensation as private lenders face the Sitzer/Burnett commission lawsuit in an all-important trial. What will be the outcome for the mortgage industry? Find out now.
HUD Allocates $212M for Low-Income Housing for People with Disabilities.
Discover how HUD's $212 million allocation is expanding housing for people with disabilities and lower income households. See why this is an important step in meeting the housing needs of all communities while setting a new high bar for private lenders.
Fed Move to Pause Interest Hikes Favored by Core Inflation
Amid the flurry of changing interest rates, The Fed has successfully increased the Fed Funds rate above the growth rate of inflation, making them feel much better about the present and future of the US economy. Learn more about the rate hikes that have helped achieved this result, with insights from a mortgage industry expert.