This summary covers the CFPB's finding on how private lenders can save borrowers material monthly savings through thorough mortgage shopping. Learn how borrowers can find the best price for their loan and access information for various lenders. Find out what you need to do to easily shop for the best price and lenders on the market for your mortgage.
"Discover how the recent bank uncertainty has opened the door for private lenders. Learn how these new options give you more flexibility, access to competitive rates, and customizable loan solutions – all without bailing out the big banks."
The domestic economy is showing positive momentum thanks to strong employment figures and persistent inflation. Despite this, the Federal Reserve looks set to continue tightening policy and raising interest rates. Additionally, recent news about prominent banking failures may lead to a decrease in availability [...]
Prepare for a new reality with actionable insights from mortgage industry experts.
The MBA's latest data reveals a decrease of 4.6% in mortgage loan applications for the week ending May 19, resulting in important implications for private lenders. Stay ahead of industry trends and prepare for the future with expert mortgage industry news.
"Freddie Mac Enhances Automated Tool to Help Streamline the Mortgage Process. Gain insights into how a borrower's digital paystub data can now be included in the automated income assessment. Make sure the mortgage process goes smoothly - get all the info from Freddie Mac."
Discover the Impact of Loan Repurchase Requests on Private Mortgage Originators - Learn how recent requests have impacted the private lender industry and what might be coming next, backed by an industry expert's insights.
Despite a growing repurchase request wave from Fannie Mae and Freddie Mac, their impact on mergers and acquisitions within the mortgage industry remains unknown. Private lenders must remain vigilant and be prepared for pending shifts.
New Home Sales Up 4.1%: Tight Market Eases for Homebuyers as Demand Grows for Newly Constructed Homes. Find out how private lenders are helping buyers access quality new homes despite the current housing shortage.
Blend has launched a groundbreaking soft credit inquiry function that securely transmits requests to credit bureaus without the cost and paperwork of traditional methods. Private lenders now have a reliable answer to costly credit inquiry fees to better serve customers. Develop cutting-edge lending capabilities while maintaining customer privacy.
