Longbridge Launches New HELOC Product Targeting Seniors

2025-09-10T08:33:46-07:00Articles, private loan servicing company, private money loan servicing|

Longbridge Financial introduces a HELOC for homeowners aged 62+, providing quick approval and funding within five business days to access home equity.

Report: Bill Pulte’s Father and Stepmother Claimed Two Primary Residences

2025-09-10T08:33:51-07:00Articles, loan servicing for private money lenders, private mortgage servicing|

Tax officials in Bloomfield Township revoked the Pultes' exemption for claiming primary residence on two homes, raising implications for lenders and homeowners.

Property Insurance Expenses Increase by 11.3%

2025-09-10T08:33:56-07:00Articles, private mortgage loan servicing, private mortgage loan servicing companies|

California experiences significant premium increases, with Los Angeles leading at 9% in six months and 19.5% year-over-year. Explore the impact on private lending.

Stephen Miran could join the Fed prior to the next interest rate vote.

2025-09-10T08:34:00-07:00Articles, loan servicing for private money lenders, private mortgage servicing companies|

Trump and officials push for Miran's installation before the Federal Open Market Committee's interest rate vote, highlighting tensions with Fed Chair Powell.

Housing Market Reaches Historic High of $55.1 Trillion

2025-09-10T08:34:14-07:00Articles, private lender loan servicing, private lender servicing|

Recent declines in housing market values across seven states raise concerns for private lenders, particularly in Florida, California, and Texas. Continue Reading Housing Market Hit Record $55.1 Trillion

Legislation Seeks to Increase Affordable Housing on Underutilized Religious and College Properties

2025-09-10T08:34:19-07:00Articles, private loan servicing company, private mortgage servicing companies|

Federal resources aim to assist religious institutions and higher education campuses in creating rental housing on their existing properties, enhancing community support.

Potential Refinance Surge Ahead of Anticipated Federal Rate Cut

2025-09-10T08:34:23-07:00Articles, loan servicing for private money lenders, private mortgage servicing companies|

Mortgage rates are at their lowest in nearly a year, creating a surge in refinancing opportunities for lenders amid anticipation of a Federal Reserve rate cut.

Hometap completes $300 million securitization of home equity investments.

2025-09-10T08:34:28-07:00Articles, private lender loan servicing, private mortgage loan servicing companies|

Boston-based Hometap has successfully completed a $300 million securitization of home equity investment loans, highlighting its continued growth in the market.

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