LenderMac in California to Acquire Direct Mortgage Company
LenderMac's acquisition of Direct Mortgage will enhance its market presence and diversify lending options, positioning it for growth in multichannel services.
LenderMac's acquisition of Direct Mortgage will enhance its market presence and diversify lending options, positioning it for growth in multichannel services.
ICE's Matt Dowd emphasizes that the MSP update enhances functionality beyond appearance, enabling streamlined high-frequency workflows for private lenders.
Explore insights from LGI Homes' earnings report and key takeaways from the National Association of Home Builders’ event, highlighting industry trends and collaborations.
Realtor.com recorded 261 million visits in January, with CEO Damian Eales highlighting strategic partnerships with MLSs to enhance user engagement and access.
Automated platforms, predictive analytics, and integrated compliance tools are reshaping how private mortgage notes are serviced in 2026. Here is what lenders, investors, and brokers need to understand about the shift - and what it means for portfolios managed the old way.
The Campaign for Accountability has initiated legal action against the Federal Housing Finance Agency, claiming non-compliance with a Freedom of Information Act request.
The Importance of Written Policies and Procedures for Loan Servicers The Unseen Bedrock: Why Written Policies Are Non-Negotiable for Private Mortgage Servicers In the intricate world of private mortgage servicing, where every transaction carries significant financial weight and regulatory scrutiny, the importance of robust, [...]
Private lenders who concentrate in conventional short-term products face margin compression when rates rise. Adding non-QM private mortgage notes and seller carryback acquisitions to a portfolio - paired with professional outsourced servicing - lets lenders protect profitability without building proportionally larger internal teams.
Carry costs are the ongoing expenses a private mortgage lender incurs between origination and resolution. When a note goes non-performing, property taxes, insurance, legal fees, and lost deployment velocity compound fast. Here is how to model them, price them in at origination, and control them through professional servicing.
"Veterans United Home Loans faces accusations of false representation and steering. A spokesperson has vowed to contest these claims legally."