FHFA Faces FOIA Lawsuit Regarding Powell Memo
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 Non-Negotiable Blueprint: Why Written Policies Drive Success in Private Mortgage Servicing
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, [...]
How Private Lenders Master High Rates: Diversifying with Non-QM, Seller Carrybacks, and Outsourced Servicing
Navigating the 2024 Interest Rate Hike: How a private lender diversified its portfolio with non-QM loans and seller carrybacks to maintain profitability during a period of rapidly rising rates. Client Overview Apex Capital Solutions, established in 2012, is a prominent private real estate lender [...]
Private Lending’s Silent Profit Eater: Understanding & Mitigating Carry Costs
What Are Carry Costs in Private Lending and Why They Matter? What Are Carry Costs in Private Lending and Why They Matter? In the dynamic world of private lending, understanding every nuance of a loan's lifecycle is paramount to success. While the focus often [...]
Lawsuit Claims Veterans United Home Loans Engaged in False Representation and Steering
"Veterans United Home Loans faces accusations of false representation and steering. A spokesperson has vowed to contest these claims legally."
Better Utilizes Tokenized Funding for Mortgage Originations
Better Home & Finance partners with Framework Ventures to access up to $500 million in credit through integration with the Sky stablecoin ecosystem, enhancing lending options.
Referral Fees Maintain Elevated Real Estate Commissions, CPC Reports
Referral fees on portals can reach 40%, with a recent survey revealing 55% expect increased commissions and 84% advocating for better disclosure.
Future Directions of Mortgage Rates Following the State of the Union Address
Anticipate potential rate volatility following Trump’s State of the Union, where housing-related topics may influence private lending dynamics significantly.
Judge advises dismissal of CT Realtors, Smart MLS, and WeSERV from Zea lawsuit.
A Florida magistrate judge suggested dismissing CT Realtors, Smart MLS, and WeSERV from the Zea lawsuit, citing insufficient jurisdictional grounds.
United Real Estate Introduces the BullseyeAI Platform
United Real Estate introduces BullseyeAI, an innovative platform offering AI agents for seamless contact updates, follow-ups, and email campaigns at no additional cost.