Non-QM Lenders Intensify Oversight Amid Rising Fraud Risks
Fraud in the non-qualified mortgage market is rising, prompting some lenders to issue exclusion lists. This underscores the need for enhanced compliance practices.
Reverse Mortgage Endorsements Increase Prior to Potential Government Shutdown
Home Equity Conversion Mortgage endorsements increased in September, contrasting with a slight slowdown in secondary market activity during the same timeframe.
Borrower Communication KPIs: How Private Mortgage Servicers Measure What Matters
Private mortgage servicers track four core KPI categories — response speed, first-contact resolution, proactive outreach, and satisfaction scores — to measure whether borrower communication is protecting portfolio performance and preventing defaults.
ICE Reports Affordability Achieves Highest Level Since Early 2023
Home affordability in the US reaches a 2.5-year high as falling mortgage rates create opportunities for buyers, impacting the lending landscape significantly.
Verus Title by Fathom Holdings launches operations in Arizona and Alabama.
Verus Title expands its operations to Arizona and Alabama, enhancing its service network across 34 states and the District of Columbia for private lenders.
Mortgage Research Center Introduces First Independent Residential Mortgage
First Residential Independent Mortgage launches as Paddio retires, welcoming all Paddio employees. A strategic shift in the mortgage landscape unfolds.
11 Default Servicing Strategies Every Small Private Lender Needs
Small private lenders face outsized risk when loans go sideways. These 11 default servicing strategies protect your portfolio and cut resolution time before a missed payment becomes a protracted loss.
Preliminary Approval Granted for Five Gibson Commission Lawsuit Settlements
Judge Bough grants preliminary approval to additional settlements involving Hanna Holdings, William Raveis, and Windermere, expanding industry accountability.
Choosing a Loan Servicing Platform for Effortless Private Mortgage Onboarding
How to Choose the Right Loan Servicing Platform for Easy Boarding How to Choose the Right Loan Servicing Platform for Easy Boarding in Private Mortgage Servicing In the dynamic world of private mortgage servicing, the ability to seamlessly onboard new loans isn't just a [...]
10 Due Diligence Checks Every Hard Money Lender Must Run Before Closing
Hard money lenders rely on collateral as their primary repayment backstop, making property-level due diligence the real risk control. These 10 checks give private lenders a repeatable framework for evaluating every deal before funding.