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 [...]
10 Federal Transparency Rules for Private Note Servicers and Investors
Ten federal transparency rules — from TILA disclosures to CFPB Regulation X loss mitigation requirements — define what private note servicers must track, document, and surface in investor packages. Servicers who build to the federal standard produce defensible investor reports as a byproduct.
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 [...]
eXp seeks dismissal of fraud claims in Acevedo lawsuit
eXp Realty aims to dismiss a fraud claim in the Acevedo sexual assault lawsuit, asserting proactive measures were taken despite emerging allegations.