HECM and HMBS Activity Sees Significant Decline in February

2026-03-03T09:48:01-08:00Articles, private lender loan servicing, private mortgage servicing companies|

February HECM endorsements decreased by 20.7% to 1,821 loans. Additionally, HMBS issuance declined to $431 million, with 66 pools being issued.

Former Direct Mortgage Employees File Suit for Fraud and Unpaid Wages

2026-03-03T09:40:17-08:00Articles, loan servicing for private money lenders, private money loan servicing|

Two former Direct Mortgage employees have filed a lawsuit claiming fraud and over $750,000 in unpaid wages, highlighting potential issues within the company.

Connecticut legislation addresses private real estate listings.

2026-03-03T09:05:06-08:00Articles, loan servicing private lenders, private loan servicing company|

Connecticut Senate Bill 340 would require public marketing of property listings unless sellers choose to opt out, aligning with similar legislation in three states.

Rhode Island housing initiative addresses zoning, parking, and SROs.

2026-03-03T08:51:51-08:00Articles, loan servicing for private money lenders, private mortgage servicing companies|

Rhode Island's ongoing housing affordability crisis prompts lawmakers to introduce new measures, including boarding houses and co-living arrangements, to address the shortage.

Effective Business and Negotiation Strategies from a Leading Broker

2026-03-03T08:42:45-08:00Articles, loan servicing private lenders, private money loan servicing|

Discover the business and negotiation strategies employed by David Kramer of Compass to achieve success in the competitive Los Angeles real estate market.

Markets Begin Pricing in Iran Escalation, But Not Fully Reflected Yet

2026-03-03T06:23:52-08:00Articles, private lender loan servicing, private mortgage loan servicing|

10-year yield at 4.09% reflects growing concerns over escalating conflict, indicating a shift in market sentiment among private lenders.

RenoFi to enhance AI-driven renovation financing following Series B funding.

2026-03-03T05:53:03-08:00Articles, private mortgage loan servicing, private mortgage servicing companies|

RenoFi secures $22M in Series B funding from Fifth Wall to enhance its AI-driven renovation loan platform and grow its retail team nationwide.

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