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Wall Street forms super teams to fight for $1.7 trillion private credit market
Big banks and private equity giants are joining forces to create new Wall Street super groups, with the goal of capturing a bigger slice of the $1.7 trillion private credit market. The newest team to... ...more
Business ,Investments &Mortgage News
September 30, 2024•4 min read
Title and Settlement Industry- We have a new reporting requirement
Over the past few years I have watched as Geographically Targeted Orders were imposed in areas which were deemed to be at risk for money laundering or other criminal activity. They were typically near... ...more
Mortgage News
September 24, 2024•2 min read
Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower Rates
WASHINGTON, DC – September 18, 2024 – Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully thr... ...more
Mortgage News
September 20, 2024•3 min read
A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says
John Hope Bryant once led the largest minority-controlled owner of single-family rental homes in America, and served as an advisor to two presidential administrations. And now, as founder and chief ex... ...more
Mortgage News
August 31, 2024•3 min read
CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans
NewDay USA's deceptive tactics came amid VA home loan "churning" scandal WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender New Day Financial ... ...more
Investments ,Mortgage News
August 29, 2024•3 min read
California lawmakers approve bill allowing undocumented immigrants to apply for California Dream for All homebuyer assistance
California's Department of Finance confirmed the program has no money to provide at this time. SACRAMENTO, Calif. — California lawmakers have sent a bill to California Gov. Gavin Newsom that will allo... ...more
Mortgage News
August 28, 2024•2 min read
DRE Urges Licensees to be on Alert for Growing Warehouse Lines of Credit Schemes
SACRAMENTO – The Department of Real Estate has learned about an elaborate fraudulent scheme concerning unlicensed, unregulated, imposter wholesale lenders who have entered the marketplace and are defr... ...more
Business ,Mortgage News
August 16, 2024•4 min read
CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to FailCFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail
CFPB affirms that contracts for deed must comply with longstanding federal mortgage protections ...more
Business ,Investments &Mortgage News
August 15, 2024•4 min read
U.S. Housing Market to Surpass $50T in Value
The U.S. housing market is expected to surpass the $50T mark within the next 12 months, with eight metro areas already valued at over $1T each. ...more
Investments ,Mortgage News
August 14, 2024•2 min read
CFPB Report Finds Lenders Cramming Markup Fees and Confusing Terms into Solar Energy Loans
The Consumer Financial Protection Bureau (CFPB) today issued an issue spotlight finding that some residential solar lenders are misleading homeowners about the terms and costs of their loans, misrepre... ...more
Business ,Investments &Mortgage News
August 08, 2024•4 min read
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Kirk Jaffe Enterprises, Inc.
195 Highway 50, Ste 104-476
Stateline, NV 89449