Ten fintech tool categories eliminating manual bottlenecks in private mortgage servicing — from AI-powered default prediction to automated investor reporting and note sale preparation.
Christine Chandler takes on leadership as chairperson of the Mortgage Bankers Association, influencing trends and fostering growth in the mortgage sector.
Wrap mortgages close deals conventional financing cannot — but self-administered wrap notes fail at predictable points. Nine operational failure modes, from dual payment tracking to note salability, mapped with their professional servicing fixes.
The Supreme Court's denial of REX's petition against Zillow and NAR leaves the future of real estate practices uncertain, impacting private lenders' strategies.
Amid rising rates, the housing market faces stagnation, leaving potential buyers disheartened. Many fear missing favorable rates seen in 2021.
The average down payment of $30,400 reflects stability in the market, increasing slightly from the previous quarter while remaining consistent year-over-year.
Broeksmit highlighted the MBA's influence, noting it contributed to approximately 10% of all laws enacted by Congress, showcasing its pivotal role in legislation.
District attorney's investigation reveals systemic financial misconduct behind the abrupt closure of SUCCESS Real Estate, raising concerns for private lenders.
Private lenders uphold strong AML compliance to protect their portfolios and lending platforms, focusing on due diligence, training, and suspicious activity reporting.
A recent study reveals that 58% of Millennial investors face a dilemma between homeownership and retirement security as rising housing prices outpace wages.
