Judge Questions Importance of MLS PIN in Ongoing Legal Proceedings
Court discussions highlight MLS PIN's stance on preserving seller compensation offers to buyers' brokers, raising key implications for private lenders.
Implications of New York Senate Bill S3177 for Lenders
New York Senate Bill S3177 aims to regulate commercial finance licensing, requiring licensing from the Superintendent of Financial Services for lenders.
Compass’s Recent Performance Sheds Light on the Future of Real Estate Brokerage
Compass demonstrated resilience in a challenging market, achieving a 26% revenue increase to $1.4 billion in Q4, with strong transaction growth amid low resale activity.
Nebraska City Provides $50,000 Down Payment Assistance to Draw Residents
Pawnee City’s $50,000 down payment program spurs interest, with 115 applications submitted, highlighting potential opportunities for private lenders.
Efforts Intensify for Legislation Supporting Homeownership for Civil Servants
The HELPER Act proposes accessible mortgage options with no down payment or insurance, similar to VA home loans, benefiting private lenders and homebuyers.
Idaho enacts legislation to restrict the use of mortgage trigger leads.
Idaho enacts new regulations on consumer privacy, impacting how mortgage credit inquiries utilize personal information. A shift for private lenders to consider.
Real Estate Highlights and Low Points from the Recent Week
Explore key shifts in the mortgage landscape, including regulatory changes and noteworthy real estate events that may impact private lenders.
Homebuyers Achieved Historic Levels of Down Payments Recently
Average down payments reached $29,900, or 14.4% of purchase prices, signaling a notable trend in buyer behavior and financial commitment in the mortgage market.
ERA Real Estate Launches Advertising Campaign Focused on Baseball
ERA Real Estate's subsidiary Anywhere is initiating a media campaign targeting Major and Minor League Baseball, enhancing visibility and engagement in the real estate market.
Greystar Launches Construction of Virginia Multifamily Build-for-Rent Project
Greystar has commenced construction on a multifamily build-for-rent community in Virginia, responding to growing demand for rental housing options.