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New-home buyers have access to mortgage rates that resale shoppers can’t match
loantrust.ai

New-home buyers have access to mortgage rates that resale shoppers can’t match

Educational Scotsman Guide reports that a parallel mortgage market has taken shape around forward commitments from home builders, giving new-home buyers access to financing terms that buyers of existing homes simply cannot obtain. This bifurcation means two households with identical credit profiles and identical incomes can walk away with

Hans Michel/ / 2 min read
Michigan primary wins bolster momentum for zoning reforms
loantrust.ai

Michigan primary wins bolster momentum for zoning reforms

Educational HousingWire reports that Michigan lawmakers who cosponsored housing reform legislation cruised through their primaries with an average margin of 47.2 points, a showing that suggests voters are not punishing officials who push for zoning preemption even when local governments push back. The lopsided victories come as state-level

Hans Michel/ / 2 min read
People turning to BNPL loans to pay for rent, food and other necessities
renttrust.ai

People turning to BNPL loans to pay for rent, food and other necessities

Educational CBS MoneyWatch reports that more consumers are turning to "buy now, pay later" loans to cover rent, groceries, and other essentials, a trend consumer advocates read as evidence of deepening strain in household budgets. The spread of these short-term installment products into necessities marks a shift

Hans Michel/ / 1 min read
Will Kawhi Leonard be suspended by the NBA in Clippers punishment?
humanbygod.com

Will Kawhi Leonard be suspended by the NBA in Clippers punishment?

Educational Yahoo Sports reports that the NBA has delivered its verdict on the Clippers investigation, leaving open the question of whether Kawhi Leonard will face suspension and miss time this season. The uncertainty hangs over a franchise already navigating the pressures of contention, with a star whose availability has been

Hans Michel/ / 2 min read
NBA announces big penalties for Clippers, Steve Ballmer and Kawhi Leonard
humanbygod.com

NBA announces big penalties for Clippers, Steve Ballmer and Kawhi Leonard

Educational Yahoo Sports reports that the NBA has handed down significant penalties to the Los Angeles Clippers, team owner Steve Ballmer, and star forward Kawhi Leonard after a league-backed investigation uncovered a salary-cap circumvention scheme. The arrangement involved a so-called "no-show" endorsement deal that

Hans Michel/ / 2 min read
eXp ends mortgage JV with Kind Lending, eyes Newrez deal
loantrust.ai

eXp ends mortgage JV with Kind Lending, eyes Newrez deal

Educational HousingWire reports that eXp Realty is winding down its mortgage joint venture with Kind Lending, a partnership known as Success Lending that had originated roughly $270 million so far this year, while simultaneously exploring a new arrangement with Newrez. The move underscores how quickly corporate alignments in the real

Hans Michel/ / 2 min read