Supreme Court Resolves Emigrant Bank’s 15-Year Dispute Over Jury Award
A $722,000 jury award for reverse redlining remains upheld after the Supreme Court rejects Emigrant Bank's appeal in a significant NYC mortgage case.
NAVICA and Restb.ai Collaborate on AI-Enhanced MLS Listings
Discover how Restb.ai's solutions enhance NAVICA's listings, enabling private lenders to automate processes seamlessly without the need for additional tools or vendors.
PennyMac faces scrutiny following a 33% decline in stock value after earnings.
PennyMac's Q4 earnings fell short of expectations, leading to a 33% decline in stock value and the launch of a shareholder rights investigation.
Hosting a Virtual Open House in the Current Real Estate Market
Optimize your listings to attract more buyers and enhance social media marketing, while providing sellers with increased convenience and exposure.
Longbridge Introduces AI Voice Agents for Reverse Mortgage Services
Longbridge Financial enhances reverse mortgage servicing with AI voice agents, offering round-the-clock support and improving borrower engagement and efficiency.
Union Home Mortgage Appoints New VP for Manufactured and New Construction Lending
George Dover, ex-president of Cascade Financial Services, steps in as VP at UHM to enhance C2P initiatives and drive growth in manufactured housing lending.
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 [...]