The jumbo mortgage market has seen a dramatic downturn in recent years, which has been costly for banks and other depositories. Jumbo mortgages refer to mortgages which exceed certain thresholds on loan amount, recently set at $510,400. This two-part series takes a deep dive [...]
"Learn how the new law signed by Governor Gavin Newsom will soon transform a 32-acre "vacant" lot in the California Bay Area into housing. An exciting development for private lenders in the region!"
This article examines how a new law in Florida limits the control of local governments over affordable housing projects. Find out how this law impacts the private lender industry and how both public and private sector entities are affected. Discover a balanced viewpoint on the impacts and implications of this law.
A former Better executive uncovered potential securities and labor law violations by CEO Vishal Garg as the digital lender inched closer to its IPO. Private lenders should take note of this important news on the burgeoning mortgage industry.
"Insight from a Mortgage Industry expert on the latest jobs report and implications for Fed interest rate policy decisions. Get a deep understanding of what market indicators to watch out for and the impact on private lenders."
"Discover how Dallas-based Pinnacle Realty Advisors is leading the way in Brokerage-as-a-Service (BaaS): the subscription based cloud brokerage model now available to residential and commercial agents in California – the second-strongest real estate market in the US."
Engel & Völkers Joins Forces with Dilbeck Real Estate in Southern California - Luxury Real Estate Giant Unites with $1 Billion Leader, Bringing Exceptional Expertise to Both. Experience the extraordinary breadth of expertise, global network and customer service that comes when premium real estate brands join forces.
"Daryl Owen, Founder of Nationwide Real Estate Executives, is making the switch to eXp Realty, taking 200 agents to the burgeoning real estate industry. Stay informed on the latest changes in the mortgage and private lender industry with SEOMOZ Methodologies."
With historically low mortgage rates attributed to the purchase of U.S. existing homes, foreign buyers took advantage in 2021, investing $53.3B in real estate. Analyzing data from Apr - Mar, transactions were down 9.6% from the prior year. See the full report to learn more.
" US banks restricted their loan emittance for mortgages and Home Equity Lines of Credit (HELOC) during Q2 of this year as a result of regional bank failures and increases in interest rates. Discover why these lenders have tightened their policies to help borrowers assess their options."
