Private lenders who originate or service loans secured by residential real estate face SAFE Act licensing and NMLS reporting mandates that regulators enforce with severe daily fines, cease-and-desist orders, and license revocations. Outsourcing loan servicing to a compliant third-party servicer eliminates this exposure.
Mattamy Homes secures a 76-acre site in South Carolina for a new community, signaling growth opportunities in private lending and real estate development.
Servicing software that stores your SOPs is not the same as software that enforces them. Here is what truly SOP-friendly private mortgage servicing platforms do differently - and what it means for your operation's compliance posture and scalability.
Oil prices surged towards $120, impacting the 10-year yield fluctuations around 4.13%, while mortgage rates remained stable near 6.17%, signaling market dynamics.
Texas housing market shows resilience, with a rise in home sales despite a drop in median prices. Explore insights for private lenders and market trends.
A recent survey reveals that 10% of U.S. adults act as caregivers for parents aged 65 and older, highlighting potential implications for mortgage needs and financial planning.
West Capital Lending has filed a lawsuit against loanDepot, alleging violations of the Truth in Lending Act through a misleading compensation scheme.
NAR's recent statement reinforces its commitment to property transparency through MLS sharing, benefiting private lenders by enhancing market insights.
A new platform will launch for SoftPro users, with plans for future integrations with additional title production systems, enhancing operational efficiency.
Explore the surge in home relistings in California’s Bay Area, highlighting market dynamics and implications for private lenders in the real estate sector.
