Atlantic Avenue Mortgage Tops HECM Broker Endorsements in January
Atlantic Avenue Mortgage has achieved 935 HECM endorsements in the last year, highlighting significant growth and demand in the reverse mortgage sector.
CrossCountry Mortgage Expands Presence through Summit Acquisition Deal
Cleveland's CrossCountry Mortgage is expanding its market presence by acquiring Summit Funding, enhancing its service offerings and geographic reach.
February Sees Faster Home Sales Despite Decline in New Listings
As home sales gain speed amidst declining new listings, insights from REMAX highlight shifting market dynamics that private lenders should consider.
Federal Reserve Holds Rates Steady Amid Inflation and Geopolitical Uncertainty
Federal Reserve maintains benchmark interest rate at 3.5%-3.75%, providing stability in the market. Implications for private lenders examined.
Why a Robust Change Management SOP is Crucial for Private Mortgage Servicing
Establishing a Robust Change Management SOP for Procedure Updates Establishing a Robust Change Management SOP for Procedure Updates Navigating the Tides of Change in Private Mortgage Servicing The world of private mortgage servicing is anything but static. It’s a dynamic environment, constantly shaped by [...]
Beyond the Checklist: Comprehensive Due Diligence for Seller-Financed Notes
Due Diligence Checklist: Protecting Your Investment in Seller-Financed Deals In the dynamic world of real estate investment, seller-financed deals offer an enticing alternative to traditional bank mortgages. For investors, brokers, and even sellers themselves who hold the note, these arrangements can unlock opportunities, provide [...]
Dynamic Interest Reserve Strategies for Private Lenders Navigating Rising Rates
Private lenders protect loan portfolios in rising-rate environments by replacing fixed reserve formulas with dynamic calculations tied to current rates, realistic project timelines, and borrower capacity. Learn the seven reserve strategies that separate resilient portfolios from distressed ones.
MoxiWorks and Michael Saunders & Company Renew Strategic AI Marketing Agreement
Michael Saunders & Company has strengthened its partnership with MoxiWorks, enhancing AI-driven marketing and productivity tools for over 650 real estate agents.
Matt Dowd Discusses AI Agents for Managing Mortgage Servicing Call Volume
ICE has introduced AI voice and chat agents to handle routine servicing inquiries, enhancing efficiency by lowering call center volume and shifting complex cases to staff.
Mortgage Demand Falls 11% as 30-Year Fixed Rate Reaches 6.3%
Mortgage applications fell 10.9% as the 30-year fixed rate reached 6.3%. However, the purchase index saw a week-over-week increase of 1%.