CrossCountry Appeals Court Order in Gallo Mortgage Fraud Case
CrossCountry Mortgage is taking legal action to lift a court order that halts its arbitration claim against Christopher Gallo, pursuing a $2.1M bonus recovery.
Mastering Private Mortgage Delinquencies: The Dual Power of Communication and Disclosure
Proactive borrower communication and full written disclosure are the two levers that determine whether a delinquent private mortgage note cures or escalates. Learn what every lender, broker, and investor needs to demand from their servicer.
FTC Cautions Rental Software Companies About Price Transparency Issues
FTC targets rental software firms for inadequate fee disclosures, raising concerns about consumer harm and potential legal repercussions for non-compliance.
Michael Burry forecasts significant growth for Fannie and Freddie after IPOs.
Investor Michael Burry, renowned for forecasting the 2008 financial crisis, reveals significant investments in Fannie Mae and Freddie Mac, raising industry concerns.
Hometap Raises $50 Million to Enhance Homeowner Solutions
Hometap secures $50M to strengthen homeowner-focused solutions, addressing financial challenges while maintaining manageable monthly expenses for borrowers.
Mortgage Rates May Rise Even with a Federal Reserve Rate Cut
Federal Reserve's anticipated interest rate cut may not lead to lower mortgage rates; possible increases may arise based on Powell's policy signals.
Mortgage Credit Availability Increases in November
Mortgage credit availability increased by 0.7%, reaching its highest level since 2022, primarily fueled by adjustable-rate mortgages and cash-out refinances.
HUD suspends changes to homelessness program due to ongoing lawsuits.
Explore a longstanding program dedicated to assisting unhoused individuals through vital services like childcare, job training, counseling, and transportation.
Corcoran affiliate reveals significant acquisition in New Jersey
Corcoran Sawyer Smith achieved over $590 million in volume through 815 transactions, showcasing strong performance in the competitive real estate market.
Foreclosure Risk Assessment: How Due Diligence Protects Note Buyers
Thorough due diligence is the primary defense note buyers have against foreclosure losses. Learn how to examine loan tapes, verify collateral, review servicing history, confirm legal enforceability, and audit property obligations before acquiring any private mortgage note.