Howard Amster Reveals 9% Stake in Redwood Trust Amid Sale Pressure.
Investor Howard Amster takes a 9% position in Redwood Trust; mounting shareholder pressure prompts strategic review and potential sale considerations. Alert
Fed official Barr says homeownership affordability has declined sharply.
Affordability index hits two-decade low as high home prices, and elevated mortgage rates squeeze buyers—implications for private lenders' lending strategies.
FASB proposal to standardize how mortgage servicers value recapture.
FASB’s proposed rule would require servicers to include recapture in mortgage servicing-right valuations, reducing accounting inconsistency across firms. for
Rethinking the Top 7 Servicing Mistakes That Cost Lenders Money
The classic list of seven servicing mistakes still holds up, but reading them as seven separate problems misses the pattern underneath: nearly all of them trace back to one gap between what a note requires and what gets tracked.
Why the Top 7 Servicing Mistakes Keep Costing Private Lenders Money
The same seven servicing mistakes keep costing private lenders money, not from carelessness but from administering a note without a dedicated system. Here is why each one recurs and what it actually costs.
Frequently Asked: Top 7 Servicing Mistakes That Cost Lenders Money
The seven servicing mistakes that quietly cost private lenders money, from loan boarding gaps and escrow errors to delayed default action, and how professional servicing prevents each one.
Answers to Your Questions on: Top 7 Servicing Mistakes That Cost Lenders Money
Private lenders ask about the servicing mistakes that quietly erode note value, from escrow gaps to lien priority errors. Here are direct answers to the seven that cost the most.
Common Questions About: Top 7 Servicing Mistakes That Cost Lenders Money
The seven servicing mistakes that cost private lenders money most often start small: a payment posted to the wrong line, an insurance renewal nobody confirmed, a notice sent late. Here are direct answers to what each one is and why it surfaces later than lenders expect.
FAQ: Top 7 Servicing Mistakes That Cost Lenders Money
Missed payments, escrow errors, lapsed insurance, and bad tax reporting all cost private lenders money. Here are the top 7 servicing mistakes and how professional servicing prevents each one.
Key Terms in: Top 7 Servicing Mistakes That Cost Lenders Money
A plain-language glossary to the terms behind the top 7 private mortgage note servicing mistakes: escrow shortfalls, boarding errors, lien lapses, and more.