Commercial and Multifamily Mortgage Debt Increases by $37.1 Billion in Q3
Commercial banks hold the majority (38%) of commercial/multifamily mortgages, totaling $1.8 trillion. Check out the latest increase of $37.1 billion in Q3.
Wall Street Investors’ Share of Home Purchases Remains Steady
Despite the hype, big investors remain a small fraction of homebuyers and are not responsible for the scarcity of housing inventory. Find out more.
Analysis of Real Estate Performance During Dec. 4-8
Discover the latest updates for the mortgage industry, featuring a governor's plan for starter homes, an unexpected Person of the Year, and Jamie Dimon's critical views on cryptocurrency.
Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.
Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.
Redfin Introduces AI-Enhanced Solution for Revamped Listing Photos
Discover how Redfin is revolutionizing the real estate industry with an AI-powered tool that enhances listing photos for a more appealing presentation. Get the details now!
Fathom Realty to increase agent fees for enhanced earnings
As a mortgage industry expert, I write unbiased industry news summaries. Learn how Fathom Realty plans to increase revenue through agent fee adjustments in 2024. Discover why private lenders might find this development intriguing.
Publix Super Markets Charities contributes $10 million to Southeast housing nonprofits.
Supporting Housing Nonprofits: PSMC donates $43M towards homes and emergency shelter. Learn more about Publix Super Markets Charities' $10M contribution.
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.