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Factors Driving a 20% Increase in Purchase Application Data

2025-06-11T10:25:59-07:00private lender loan servicing, private mortgage loan servicing|

Positive trends in purchase application data emerge, indicating resilience in the market as buyers adapt to elevated mortgage rates and changing conditions.

Inflation Remains Low, While Interest Rate Cut Prospects Stay Diminished

2025-06-11T10:15:51-07:00private loan servicing company, private mortgage loan servicing companies|

Headline inflation increased by 2.4% year over year, according to the latest Consumer Price Index from the U.S. Bureau of Labor Statistics, impacting economic trends.

Home Seller Commission Lawsuit Claims Exceed 2.5 Million Submitted

2025-06-11T09:42:29-07:00private money loan servicing, private mortgage loan servicing|

Settlement notifications have reached over 100 million emails and 38 million postcards, highlighting the scale of outreach in recent legal efforts.

House Advances Trigger Leads Bill; Industry Awaits New Regulation.

2025-06-11T08:29:21-07:00loan servicing for private money lenders, loan servicing private lenders|

The Homebuyers Privacy Protection Act (H.R. 2808) aims to eliminate abusive trigger leads, enhancing consumer privacy and promoting transparency in lending practices.

Investor Home Sales Reach Record High While Small Buyers Make Gains

2025-06-11T08:07:24-07:00private lender servicing, private money loan servicing|

Investor sales have increased alongside a slight rise in investor purchases, comprising 13% of total home sales, highlighting market dynamics for private lenders.

Chris Morton Appointed CEO of ALTA Following Diane Tomb’s Departure

2025-06-11T04:29:28-07:00loan servicing private lenders, private money loan servicing|

Morton steps in as ALTA's new leader following Diane Tomb, bringing extensive experience in public affairs and advocacy to enhance industry representation.

Preliminary Approval Granted for MLS PIN Settlement Again

2025-06-11T03:56:34-07:00private lender servicing, private mortgage loan servicing companies|

Judge Patti B. Saris has granted preliminary approval for the fourth amended settlement between MLS PIN and the Nosalek plaintiffs, impacting industry practices.

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