Two Harbors Investment Corp. has postponed its stockholders' meeting to allow additional time for voting on the proposed sale to CrossCountry Mortgage, amidst competition from UWM Holdings.
Rocket Mortgage and Redfin have unveiled a new incentive for select markets, offering combined lender credits and commission discounts, up to $20,000.
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Private lenders run recurring questions on the reinstatement-quote framework against the delinquent-borrower framework on the lender's servicing platform. This article answers the questions on the cure-amount framework, the per-diem-interest framework, the state pre-foreclosure framework, and the FDCPA framework.What is a reinstatement quote?The reinstatement-quote framework [...]
Private lenders run the borrower-quote framework on two primary frameworks against the delinquent-borrower framework — the reinstatement-quote framework and the payoff-quote framework. The choice runs against the borrower's default-cure framework or the borrower's loan-satisfaction framework. This article walks the side-by-side framework against each.Reinstatement-quote frameworkThe [...]
This case study walks an illustrative private lender through a reinstatement-quote breakdown, a borrower Notice-of-Error cycle, an FDCPA suit, and the corrective framework against the reinstatement-quote framework. The facts are illustrative and run against a composite of recurring reinstatement-quote breakdowns on the private-lending framework.The [...]
The reinstatement quote runs the default-cure framework against the delinquent-borrower framework on the lender's servicing platform. This article walks the six-step framework against the reinstatement-quote build on the lender's platform.Step 1: Build the past-due-principal-and-interest frameworkThe past-due framework runs the past-due-principal framework against the unpaid-principal [...]
Private lenders run the reinstatement-quote framework against the delinquent-borrower framework on the lender's servicing platform. Seven recurring mistakes run against the lender's reinstatement-quote framework on the compliance cycle. Each runs the lender into a RESPA Notice-of-Error framework, a Fair Debt Collection Practices Act framework, [...]
Reinstatement quotes run the default-cure framework against the delinquent-borrower framework on the lender's servicing platform. The framework runs the past-due-principal framework, the past-due-interest framework, the late-fee framework, the escrow-advance framework, and the foreclosure-fee framework against the cure-amount framework on the standard. The framework runs [...]
