NAR Issues Cease-and-Desist Letter to Realtors in Phoenix
NAR raises concerns over Phoenix Realtors' decision to permit agents to join the local trade group without state or national affiliation. Implications for private lenders.
Examining Misrepresentations in Business Purpose and Residential Bridge Loans
Explore the implications of AB 3108 on misrepresentations in business purpose and residential bridge loans, shaping guidelines for private lenders in California.
How a Reverse Mortgage Prevented Bankruptcy for One Client
Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.
Florida Home Sales and Prices Experience a Decline
Explore the decline in Florida's home sales and the median price shift, providing insights for private lenders in a changing market landscape.
November Sees an Increase in Existing Home Sales
Explore the latest trends in existing home sales, with median prices and insights valuable for private lenders navigating the current market landscape.
Boston’s Success Real Estate Closes Operations Suddenly
Broker Steve Webster informed agents that SUCCESS Real Estate is shutting down, with sources citing an alleged embezzlement scheme as the cause.
Ginnie Mae report highlights portfolio growth and impact on government earnings.
Ginnie Mae's latest fiscal report highlights strong financial performance, reinforcing its pivotal role in the secondary mortgage market and loan guarantees.
Senate Approves Trigger Leads Bill as Next Step Moves to House
Legislation to limit mortgage credit trigger leads was removed from the Senate's fiscal year 2025 National Defense Authorization Act, impacting private lenders' strategies.
Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates
Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.
Citi aims to expand its market presence through the mortgage.com platform.
Citi's new platform offers tools for real-time rate comparisons and educational digital content, designed to assist borrowers and homeowners effectively.