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So far Note Servicing Center has created 1350 blog entries.

Federal Appeals Court Rules CFPB Funding Unconstitutional – Impact of Supreme Court Decision

2023-01-27T13:40:42-08:00private mortgage servicing|

A federal appeals court has ruled that the source of funding for the Consumer Financial Protection Bureau is unconstitutional. The CFPB is a government agency that was created in response to the 2008 financial crisis. The agency is tasked with protecting consumers from unfair and deceptive practices in the financial industry. The CFPB is funded by the Federal Reserve, which is an independent agency. The appellate court ruled that the CFPB's structure violates the separation of powers because it gives the agency too much power. The CFPB can only be overturned by a vote of Congress, and the agency's director can only be removed for cause. The decision will likely be appealed to the Supreme Court. If the Supreme Court upholds the ruling, it could have a major impact on the CFPB's authority.

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Tips for Successful Private Lending | Avoid Lending to Friends & Family | Loan Portfolio Diversification & More

2023-01-27T13:40:54-08:00loan servicing private lenders, private loan servicing company|

In order to be a successful private lender, there are a few things to avoid. First, do not lend money to friends or family. Secondly, make sure to diversify your portfolio by lending to different types of people and businesses. Third, do not put all of your eggs in one basket by lending too much money to one person or entity. Fourth, do not let emotions get in the way of making smart lending decisions. Finally, make sure to keep good records and communicate often with your borrowers. By following these tips, you will be well on your way to becoming a successful private lender.

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Make Money with Proactive Fund Management – Learn How To Improve Your Portfolio

2023-01-27T13:41:04-08:00loan servicing for private money lenders, private mortgage servicing companies|

Most people think of fund managers as people who just sit back and wait for the right opportunity to invest. However, the best fund managers are actually very proactive. They are always on the lookout for new opportunities and they are always trying to find ways to improve their portfolios. This means that they are constantly buying and selling stocks, and they are always looking for new ways to make money. This can be a very risky business, but it can also be very profitable.

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Prepare for Home Sales Decline in 2023: Fannie Mae Warns of Decrease in Purchasing Power, Interest Rates, and Affordability

2023-01-27T13:41:15-08:00private loan servicing company, private mortgage loan servicing companies|

According to Fannie Mae, home sales are expected to nose dive in 2023. The decrease in sales is attributed to several factors including: the decrease in purchasing power for buyers, the rise in interest rates, and the decrease in affordability. In addition, the number of homes on the market is expected to decrease, further hindering buyers. Despite the decrease in sales, Fannie Mae expects prices to continue to rise due to strong demand and limited supply.

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Attract Serious Buyers: Get the Right Real Estate Agent & Price Your Home Right – SEOMOZ

2023-01-27T13:41:31-08:00loan servicing private lenders, private loan servicing company|

In today's ultra-competitive real estate market, it's more important than ever for home sellers to do whatever they can to make their home stand out. One way to do this is to focus on getting homebuyers' attention from the very beginning. There are a number of ways to do this, but one of the most effective is to work with a real estate agent who has a strong online presence. This will ensure that your home is seen by as many potential buyers as possible. Additionally, it's important to make sure that your home is priced competitively and that it's in good condition. By taking these steps, you'll be more likely to attract serious buyers who are willing to pay a fair price for your home.

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MBA Student Lillian Broeksmit Criticizes CFPB: Consumer Financial Protection Bureau Watch website, Wall Street Journal articles & Interview Discussing How Regulations Hurt Consumers.

2023-01-27T13:41:40-08:00loan servicing for private money lenders, private loan servicing company|

MBA student Lillian Broeksmit created a website called "Consumer Financial Protection Bureau Watch" to criticize the agency's policies. She has written articles critical of the CFPB for several publications, including The Wall Street Journal. In an interview, she said that the agency's regulations are "hurting consumers more than they're helping."

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FHFA: Mortgage Loan Guarantee Fees Changed to Reduce Costs for Borrowers

2023-01-27T13:41:49-08:00private lender servicing, private mortgage loan servicing|

In an effort to make pricing more uniform and to reduce the overall costs of getting a mortgage, the Federal Housing Finance Agency (FHFA) is making changes to the way that guarantee fees (g-fees) are charged. Upfront g-fees will no longer be assessed on loans with terms of 15 years or less, and all other g-fees will be decreased by 10 basis points. This will result in savings for borrowers, especially those who are taking out shorter-term loans.

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Expand Your Access to Credit with the New Credit Model from the FHFA

2023-01-27T13:41:58-08:00private lender loan servicing, private mortgage servicing companies|

The FHFA is set to replace the classic FICO score with a new credit model that is more inclusive of a wider range of borrowers. The new model will consider factors such as rent and utility payments, which are not currently included in the FICO score. This change is expected to help expand access to credit for millions of Americans who have been historically underserved by the financial system.

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Mortgage Applications Decreasing: Demand & Prices to Effectively Stabilize or Drop Following High Housing Costs

2023-01-27T13:42:58-08:00private mortgage loan servicing|

As housing costs continue to rise, demand for mortgages is plummeting. In the last few months, mortgage applications have decreased significantly, as potential buyers are unable or unwilling to pay the high prices. This decrease in demand is likely to cause prices to stabilize or even drop in the coming months, as sellers are forced to lower their asking prices to attract buyers.

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Equifax to Offer Utility Credit Data to Mortgage Firms in 2019: Increased Transparency and Reduced Risk for the Mortgage Industry

2023-01-27T13:43:09-08:00private money loan servicing, private mortgage servicing|

As a part of its plan to increase transparency and reduce risk in the mortgage industry, Equifax will provide utility credit data to mortgage firms. This move will help mortgage firms better assess the creditworthiness of potential borrowers, as utility bill payment history is a strong predictor of mortgage repayment. Equifax is the first credit bureau to offer this type of data, which will be available beginning in early 2019.

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