MBA Chief Executive Advocates for Modernization of Credit Scoring Systems
Discover insights from MBA's Bob Broeksmit on enhancing competition and reducing redundancies in credit score reporting, essential for private lenders.
Opendoor Engages Agents to Enhance Profitability Strategies
iBuyer achieves adjusted EBITDA profitability for the first time in three years, reporting increased revenue and reduced net losses, marking a significant milestone.
Monroe Capital Faces Legal Scrutiny Over Alleged MV Realty Scheme Involvement
A recent lawsuit alleges that a lender was instrumental in financing MV Realty's controversial right-to-list agreement scheme, raising concerns in the industry.
The Impact of 6% Mortgage Rates on the Housing Market’s Recovery
Mortgage rates have reached year-to-date lows, yet home sales remain uncertain. Logan Mohtashami highlights the significance of the 6% threshold.
FHFA Increases GSE Funding Cap for Low-Income Housing Tax Credits
Fannie Mae and Freddie Mac are set to increase their annual investments in Low-Income Housing Tax Credit properties significantly, enhancing affordable housing initiatives.
Historic Vermont Stable to Be Converted Into Rental Housing
Explore the conversion of Rudyard Kipling's historic Vermont stable into rental housing, highlighting unique investment opportunities in heritage properties.
Christie’s International Real Estate Southern California introduces crypto division.
A new luxury real estate division launches with over $1 billion in listings, featuring a record-breaking home available for cryptocurrency transactions.
Preparing for UAD 3.6: Essential Insights for Lenders
Understand key Fannie Mae and Freddie Mac appraisal forms, including the 1004 for single-family homes and specialized forms for manufactured homes and condos.
California’s affordable housing initiatives confront new legal obstacles.
A new lawsuit threatens California's key approach to affordable housing development, potentially impacting private lenders and funding strategies in the sector.
Douglas Elliman opposes the normalization of private listings.
Douglas Elliman shows resilience with its strongest first half performance since 2022, despite a slow second quarter in the current market landscape.