Rocket Pro Power Play Introduces Tech Contest and Pricing Incentives
Rocket Pro launches the Big Pitch contest with a $100,000 prize, offering up to 100 bps purchase credits and cash-out refinance relief for private lenders.
Rocket Pro launches the Big Pitch contest with a $100,000 prize, offering up to 100 bps purchase credits and cash-out refinance relief for private lenders.
Markets have moved from anticipating two to three rate cuts to factoring in a potential 2026 hike, driven by stronger job growth and elevated oil prices.
Dream Finders Homes has appointed Clint Szubinski as COO, enhancing leadership as the builder expands across the Southeast, Mid-Atlantic, and Midwest markets.
Explore the mortgage industry's evolving landscape, examining the root causes of its costs and complexities amidst ongoing technological advancements.
Discover how RealAssist AI empowers buyers with tools for research, affordability insights, property discovery, neighborhood analysis, and agent connections.
Compass aims to limit Zillow's listing feeds by leveraging cooperative MLSs, raising concerns over market fragmentation and consumer transparency in real estate.
Learn how private mortgage servicers manage the escrow disbursement process — from monthly collection and scheduling to shortage resolution, audit trails, and lender reporting.
The escrow disbursement process is how a private mortgage servicer releases collected escrow funds to pay property taxes and insurance premiums on the borrower's behalf—protecting the lender's lien and keeping the note performing.
A private lender's self-serviced note developed a county tax lien after escrow disbursements were missed. NSC reconstructed the escrow account, resolved the lien within eleven business days, and established a disbursement calendar that prevented recurrence.
A six-step breakdown of the escrow disbursement process for private mortgage note servicers — from bill verification and balance confirmation through borrower notification and annual escrow analysis.