West Capital Lending Files Suit Against loanDepot Over Alleged Pay Scheme
West Capital Lending has filed a lawsuit against loanDepot, alleging violations of the Truth in Lending Act through a misleading compensation scheme.
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.
TransUnion reduces VantageScore 4.0 pricing to 99 cents for mortgage origination, enhancing affordability for lenders and streamlining the selection process.
Logan Finance introduces Open Road Elevated, providing loans up to $5M through four non-QM programs, including DSCR options for investors.
Private lenders who outsource residential mortgage note servicing to a licensed servicer transfer SAFE Act compliance obligations away from their own staff - eliminating MLO licensing exposure and freeing the team to focus on origination and growth.
Interest reserves protect lenders and borrowers during the renovation phase of multi-family value-add projects. Learn how proper structuring and expert private mortgage servicing keeps notes performing through stabilization.
Op-ed highlights that forcing CoStar from Homes.com could reduce competition in listings, potentially enhancing pricing power for existing market players.
Real Estate One CEO Dan Elsea highlights consolidation due to margin pressures, aiming for 20% market share through diverse brand strategies.