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.
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.
Spreadsheets or Servicing Software? A Review Checklist for Private Lenders
Spreadsheets can run a small private note portfolio, but they do not enforce calculation rules, keep a reliable audit trail, or reconcile on their own. This checklist helps a lender judge whether the current setup still fits. It covers calculations, reconciliation, audit trail, investor access, staff time, and who maintains each piece.
Private Lending Marketing ROI: Essential Metrics for End-to-End Profitability
Private lending marketing ROI requires connecting origination costs to loan servicing performance. Learn the core metrics - CPA, CLV, funnel conversion rates, and ROMI - that private mortgage lenders use to build profitable, data-driven origination pipelines.
Private Lenders: Navigating Rising Rates with Strategic Mortgage Servicing
Private lenders protect private mortgage note portfolios in rising rate environments through proactive servicing — early borrower contact, portfolio stress testing, and structured workout protocols that preserve performing status before delinquency takes hold.
Trust Account Violations in Real Estate: Compliance and DRE Enforcement Insights
California DRE mandates strict compliance for trust account rules, holding brokers accountable for documentation, irrespective of intent or consumer impact.
Keller Williams resolves Batton homebuyer commission lawsuit for $20 million
Keller Williams resolves the Batton homebuyer commission lawsuit for $20 million, alleviating antitrust concerns for agents and franchisees across the network.
MBA’s Broeksmit accuses credit bureau group of misleading the mortgage sector.
"Broeksmit highlights outdated risk management practices in lending, advocating for a more streamlined approach with borrower evaluation processes."
Automated Loan Servicing: 80% Reporting Error Reduction for Hard Money Lenders
How a Mid-Size Hard Money Lender Reduced Reporting Errors by 80% Using Automated Software Client Overview Swift Capital Lending is a prominent mid-size hard money lender specializing in providing rapid, flexible financing solutions for real estate investors. Founded a decade ago, the company carved [...]