Blog

NAR Issues Cease-and-Desist Letter to Realtors in Phoenix

2024-12-20T10:41:40-08:00private money loan servicing, private mortgage servicing companies|

NAR raises concerns over Phoenix Realtors' decision to permit agents to join the local trade group without state or national affiliation. Implications for private lenders.

Proposed House Bill Aims to Provide Mortgage Insurance Relief for FHA Borrowers.

2024-12-20T10:35:33-08:00private loan servicing company, private money loan servicing|

New legislation proposed in the House aims to eliminate mortgage insurance premiums for FHA borrowers once they achieve specified home equity thresholds.

Examining AB 3108: Misrepresentations in Business Purpose and Bridge Loans

2024-12-20T09:54:19-08:00private loan servicing company, private mortgage loan servicing companies|

Assembly Bill 3108 addresses misrepresentations in business purpose and residential bridge loans, impacting compliance for private lenders in California.

Ginnie Mae Executive Behind MBS Issuer Scorecard Announces Retirement

2024-12-20T09:32:04-08:00private lender loan servicing, private money loan servicing|

Ginnie Mae's Leslie Meaux Pordzik retires after 36 years, leaving a legacy marked by the launch of the first MBS issuer scorecard, shaping the industry.

Examining Misrepresentations in Business Purpose and Residential Bridge Loans

2024-12-20T08:19:58-08:00loan servicing for private money lenders, private loan servicing company|

Explore the implications of AB 3108 on misrepresentations in business purpose and residential bridge loans, shaping guidelines for private lenders in California.

NAR Settlement Appeals Ongoing with Insight from Law Professor Tanya Monestier

2024-12-20T07:54:53-08:00private lender servicing, private mortgage loan servicing|

Monestier appeals a ruling regarding her motions to intervene and reconsider, impacting several objectors following a recent settlement approval in the Eighth Circuit.

2025 Mortgage Rate Forecasts Have Proven to Be Incorrect

2024-12-20T05:41:48-08:00loan servicing private lenders, private mortgage loan servicing companies|

2025 mortgage rate forecasts are already inaccurate as of late December. Explore insights on evolving trends impacting private lenders in the current market.

How a Reverse Mortgage Prevented Bankruptcy for One Client

2024-12-20T05:26:28-08:00private loan servicing company, private mortgage servicing|

Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.

HUD allocates $225 million for manufactured home preservation and renovation.

2024-12-20T05:26:01-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Funding aims to renovate and preserve manufactured homes, addressing supply shortages and promoting affordable housing solutions in the market.

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