“CrossCountry Implementing FICO Score 10 T for Non-Conforming Loans: A Revolution in MBS Issuances”
Cross Country Mortgage has asserted that it’s the pioneer mortgage lender to pledge to the distribution of MBS purely grounded on FICO Score 10 T.
“Exponential Growth in Home Equity Lending: A 2023 Snapshot”
In 2023, the home-equity lending industry saw significant growth, owed largely to the efforts of various freestanding mortgage banks extending their product lines throughout the year. Though there was a slight hiccup in the third quarter due to mortgage rates exceeding 7%, the sector held steady and thrived nonetheless.
“Exploring the Need for Enhanced Financing Options in the ADU Housing Market”
As we step into 2024, various new and existing funding alternatives, grant schemes, and legal measures are being utilized to assist homeowners and constructors in generating essential infill housing. These mechanisms will contribute to some extent, but the necessity for savvy lenders to develop more dynamic financing solutions for Accessory Dwelling Units (ADUs) remains critical.
“Embracing Limitations: Key Takeaways from 2023’s Unprecedented Housing Trends”
There’s a possibility that 2024 may emerge as an ideal time to apply fresh capabilities, with anticipated advancements in both mortgage rates and the availability of housing. However, this hinges on the condition that 2023 becomes a year worth remembering.
“Unveiling the Half-Trillion Dollar Impact on Commercial Real Estate Market”
The market didn’t fare very well in 2023 and it seems that the upcoming period may follow suit. Continue reading for critical insights that you should be aware of.
“Unraveling the Storm: Insight into Sitzer-Burnett Filing Deadline and Resulting Post-Trial Motions”
In the Sitzer commission lawsuit, both Keller Williams and HomeServices of America were quick to make several post-trial actions, which were submitted on Monday.
“Unveiling the Major Threats for Passive Real Estate Investors”
The concept of passive investing might seem attractive until its less appealing aspects begin to show. Let’s delve into the primary danger associated with it. Please note that the summary won’t mention the original source (for instance, Realtor.com).
“Austin’s Luxury Brokerage Joins Forces with Coldwell Banker: A New Era in Real Estate Market”
Tate Property Group, a boutique luxury brokerage, recently became a part of Coldwell Banker, as confirmed by an announcement made by the company a week ago.
“Celink Stipulation Approval: A New Turn in RMF Bankruptcy Case – A Detail Analysis”
Celink, a servicer of reverse mortgages, along with RMF have reached a resolution in its bankruptcy case with the prior lender. The agreement was finalized for a significantly smaller amount than was originally pursued.
“Revolutionizing Real Estate: eXp Realty Successfully Recruits Two Leading Texas Teams”
The fierce competition among major brokerage firms for premium agents persists in Texas, with eXp Realty securing two leading teams just last week.