FHFA Advances New Credit Model Amid Resistance from GSEs, Says Housing Policy Council
The HPC found that the FHFA mandated Fannie and Freddie to endorse VantageScore 4.0, highlighting tensions in credit scoring methodology amidst regulatory changes.
Newrez Drives Profit and Servicing Expansion for Rithm Capital
Rithm Capital reported earnings of $567.2M, driven by strong performance from Newrez in originations, servicing, and non-QM production.
Hard Money Lender Cuts Reporting Errors by 80%, Boosts Investor Trust with Automated Servicing
How a Mid-Size Hard Money Lender Reduced Reporting Errors by 80% Using Automated Software Client Overview Lending Solutions Inc. (LSI) is a prominent, mid-size hard money lender based in the Southwestern United States. Specializing in private bridge loans, fix-and-flip financing, and opportunistic commercial real [...]
Private Lending Marketing ROI: Essential Metrics for End-to-End Profitability
Tracking Your Marketing ROI in Private Lending: Essential Metrics Tracking Your Marketing ROI in Private Lending: Essential Metrics In the dynamic world of private lending, where relationships often pave the way for successful deals, the art of marketing can sometimes feel more intuitive than [...]
Private Lenders: Navigating Rising Rates with Strategic Mortgage Servicing
Navigating Rising Interest Rates: A Private Lender's Playbook The financial landscape is ever-shifting, and few shifts demand as much attention from private lenders as a sustained period of rising interest rates. While traditional banks operate with vast compliance departments and established protocols, private lenders [...]
PulteGroup to sell ICG amid rising factory costs for builders
Discover insights from PulteGroup's earnings call on steady pull-through demand and its implications for homebuilders amidst ongoing challenges in the market.
Trust Account Violations in Real Estate: Compliance and DRE Enforcement Insights
California DRE mandates strict compliance for trust account rules, holding brokers accountable for documentation, irrespective of intent or consumer impact.
Keller Williams resolves Batton homebuyer commission lawsuit for $20 million
Keller Williams resolves the Batton homebuyer commission lawsuit for $20 million, alleviating antitrust concerns for agents and franchisees across the network.
MBA’s Broeksmit accuses credit bureau group of misleading the mortgage sector.
"Broeksmit highlights outdated risk management practices in lending, advocating for a more streamlined approach with borrower evaluation processes."
Private Mortgages & Late Fees: Navigating Economic Downturns
The Impact of Economic Downturns on Private Mortgage Late Fees The Impact of Economic Downturns on Private Mortgage Late Fees Economic downturns cast a long shadow across many sectors, and the private mortgage market is certainly not immune. While institutional lenders have robust frameworks [...]