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Coming Up:
Summit Funding Expands National Presence With Three Strategic Hires

Lender welcomes new teams in Chicago, Boston and Charlotte

People On The Move
OCMBC Calls HMAC Lawsuit "Baseless" Plus More Accusations

OCMBC claims HMAC keeps bad company, affiliated with suspended lender AFC.

Courts
Softening Job Gains And Pay Growth Points To Slowing Economy

Private sector adds 152,000 jobs in May, along with a 5% pay growth

Analysis and Data
Jun 06, 2024
The Interest
Mortgage Applications Fall 5.2% End Of May

Mortgage Bankers Association adjusts index for Memorial Day holiday

Analysis and Data
Dunmor, Newfi Announce Partnership To Focus On RTLs

Newfi to invest in Dunmor's business purpose bridge lending operations

Investor Loans
Single-Family Housing Permits Up 24% In Q1

Meanwhile, multi-family construction has slowed down, according to the National Association of Home Builders.

Construction
A&D Mortgage Offering New Pricing Tiers for DSCR Loans

Enhancements to help investors buying high-value rental properties

Non-QM
Wholesale
New American Funding Announces New Cash-Offer Program

Similar to Opendoor and Homeward, NAF Cash Maps offers buyers a bidding war advantage

Industry News
NAF Explains Authenticity Vs. Pandering

Arvielo and Gatling reveal what minority borrowers really want

Jun 05, 2024
NMP's Gated Communities