Fannie Mae and Freddie Mac Restrict Public Access to Housing Data
Fannie Mae and Freddie Mac's decision to halt key housing surveys raises transparency concerns, impacting data reliability for private lenders in the mortgage market.
Pennymac TPO Introduces Temporary Waiver of Credit Report Fees
Pennymac TPO is waiving the $99 credit report fee at closing for loans submitted via its POWER+ portal, providing cost savings for private lenders.
Luxury Home Sellers Present Innovative Concessions to Attract Buyers
A recent survey of Agency brokers reveals that over 60% have observed increased concessions this year, indicating shifts in market dynamics for lenders.
7 Steps to a Bulletproof Private Mortgage Note Portfolio Audit
How to Conduct a Comprehensive Risk Audit of Your Private Mortgage Note Portfolio in 7 Steps For private mortgage note holders and servicers, proactively managing risk is not merely good practice; it's essential for sustained profitability, regulatory compliance, and operational efficiency. A comprehensive risk [...]
Coalition Opposes HUD’s Modifications to Homelessness Program
A coalition of local governments and the National Low Income Housing Coalition is advocating for affordable housing solutions in major U.S. cities.
Transforming Private Mortgage Due Diligence with AI and Data Analytics
The Future of Note Due Diligence: AI and Data Analytics in Private Mortgage Servicing In the intricate world of private mortgage servicing, due diligence is not merely a procedural step; it is the bedrock of trust, risk management, and financial viability. For every note [...]
Navigating Federal Transparency: A Servicer’s Guide to Private Lending Regulations
New Federal Push for Transparency in Private Lending Sparks Debate Among Note Servicers A recent surge in federal regulatory interest signals a significant shift towards increased transparency and oversight in the historically less regulated private lending sector. This evolving landscape poses both challenges and [...]
CoStar withdraws opposition to relocating Zillow copyright case to Seattle.
CoStar has initiated a move to transfer its copyright lawsuit against Zillow to Seattle, emphasizing the proximity of witnesses and a related case in the district.
NAR balance sheet reveals revenue growth and increased public policy expenditure.
NAR's 2024 Form 990 shows $360M in revenue, $48M in public policy expenditures, and $2.5M compensation for CEO Nykia Wright, highlighting financial priorities.
Loan Modifications: Your Strategic Advantage in Private Mortgage Risk Management
The Unseen Shield: How Loan Modifications De-stack Risk in Private Mortgage Servicing The Unseen Shield: How Loan Modifications De-stack Risk in Private Mortgage Servicing In the intricate world of private mortgage servicing, managing risk isn't just a best practice—it's the bedrock of sustainable operations [...]