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West Capital Lending Acquires Locally-Focused Brokerage, Red Tree Mortgage

The 2024 Broker Brawl reaffirmed West Capital's commitment as a relationship-focused lender

Industry News
Wholesale
Home Builders Follow Buyers Out Of Big Cities

Construction spending rose in October, with more new homes in lower-density areas

Construction
Analysis and Data
First FICO 10T-Backed MBS Issuance Achieved

Comprised of VA loans, the pool offers proof of concept for changes to be required by the FHFA by late 2025.

Industry News
Military Lending
Dec 03, 2024
The Interest
Mortgage Data Firm Appoints Chief Revenue Officer

Redefining Business Intelligence (RBI) bulks up its C-Suite

People On The Move
BAC Co-Founder Reveals Mega Brokers May Undergo CFPB Audits

Brendan McKay of BAC revealed the main takeaways in a LinkedIn post

Industry News
Thanksgiving Ushers In More Buyer Interest

Mortgage applications up 6.3% before mortgage rates fall slightly over holiday weekend

Analysis and Data
Dec 02, 2024
Thankful For Last Week's Rates, But
FHFA Bumps Conforming Loan Limit To $806,500

The 5.2% increase from 2024's ceiling of $766,550 is less than 2024's 5.5%.

Analysis and Data
DOJ Discourages Broker Buyer Agreements, NAR Awaits Final Hearing

Agreements may limit the amount of clients brokers can attract.

Courts