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Jerome Powell States the Fed Will Maintain Current Interest Rates

2025-06-24T09:30:45-07:00private loan servicing company, private mortgage servicing|

Federal Reserve maintains a cautious approach to monetary policy, assessing the economic effects of tariffs on U.S. growth and lending conditions.

CFPB Terminates Oversight of Bank of America’s Mortgage Operations

2025-06-24T08:52:31-07:00private mortgage servicing companies|

The CFPB terminates its five-year agreement with Bank of America, citing concerns over inaccurate mortgage data submissions, raising implications for lenders.

Rocket introduces bridge loans to simplify the home-buying process.

2025-06-24T06:41:32-07:00private lender loan servicing, private mortgage loan servicing|

Rocket Mortgage enhances its services by introducing bridge loans, providing homeowners with short-term financing to access equity when selling their property.

nCino CMO Charged with Grand Larceny in $6M Theft Case from Past Employers

2025-06-24T05:56:26-07:00private money loan servicing, private mortgage servicing|

Michael Collins faces allegations of exploiting two fictitious companies to redirect funds from his employers, raising concerns about financial misconduct.

Opendoor broadens agent partnership initiative amid declining business.

2025-06-24T05:44:58-07:00loan servicing for private money lenders, private money loan servicing|

Opendoor is enhancing its agent partnership program, aiming to create additional revenue streams alongside its primary iBuying initiatives for private lenders.

Shifting QC Risks: Focus on Fraud, Insurance, and Compliance Issues

2025-06-24T05:23:55-07:00private lender loan servicing, private mortgage servicing|

Explore the shifting risk landscape in the mortgage industry as traditional defects decline. Gain insights on emerging issues like insurance gaps and fraud.

Legislation to Ban Abusive Trigger Leads Advances in the House

2025-06-24T04:56:49-07:00loan servicing for private money lenders, private loan servicing company|

Private lenders should prepare for upcoming regulatory changes as a final rule is anticipated, impacting lending practices and compliance requirements.

Compass Files Lawsuit Against Zillow for Alleged Anticompetitive Practices

2025-06-23T14:12:10-07:00private money loan servicing, private mortgage servicing|

Compass CEO Robert Reffkin challenges Zillow's control over listings, asserting that no single company should dictate agent practices. Read more on this controversy.

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