Black Knight wins $155M in trade secrets theft lawsuit vs. PennyMac.
As an industry expert, discover the recent arbitrator conclusion that concludes a lengthy legal battle between major housing companies. Relevant to private lenders.
Using technology to mitigate repurchase risk for mortgage lenders.
As technology adoption speeds up, advanced systems will serve as essential support for sustained housing market expansion, appealing to private lenders.
Fewer Buyers Willing to Delay for Home Price and Mortgage Rate Drops, Survey Finds
Discover why current homeowners are more willing to sell if their dream home becomes available, in the latest real estate news survey.
Mortgage rate increase hinders homeowners from utilizing home equity, informing the latest industry news: ICE
Discover how private lenders can capitalize on the low withdrawal rate of just 0.41% in Q3, significantly below the 2010-2021 average, to maximize investment opportunities in the mortgage industry.
Record Low Mortgage Rates Reached
As a mortgage industry expert, I provide clinical summaries of industry news. Stay updated on recent developments, including the drop in mortgage rates and the 10-year Treasury yield going below 4.3%. Perfect for private lenders seeking valuable insights.
Stephen Sondheim’s NYC Townhome Sold for $7 Million.
Two offers made on the NYC townhome listed in July. Stephen Sondheim’s property sold for the asking price of $7 million. Discover more in Weekly Real Estate News.
Ginnie Mae updates guidelines, revising definition of high-balance loans
As an industry expert, I provide insightful summaries for mortgage-related news. Stay informed with the latest high-balance loan guidance by FHFA for private lenders.
Declining inventory boosts US home prices by 5.5% YoY in Q3, reports FHFA.
As a mortgage industry expert, I provide expert insights into the latest developments. Discover significant growth in U.S. home prices, with a 2.1% increase in Q3 2023 and 5.5% surge compared to Q3 2022, according to FHFA data. Ideal for private lenders.
Moody’s predicts decline in Nonbanks’ profitability over next quarters
Nonbank mortgage companies saw improved profitability in Q3, outperforming Q2. Private lenders can gain insights on the industry's growth potential.
Fannie Mae: Anticipating lowest existing home sales since 2010 in Q4
Fannie Mae predicts Q4 existing home sales to reach the lowest levels since Q3 2010, presenting potential opportunities for private lenders in the mortgage industry.