CoStar addresses criticism from activist investors regarding reporting practices.
Evaluate the implications of CoStar's investment in Homes.com on long-term value and shareholder wealth, sparking debate among industry stakeholders.
PHH Mortgage Transitioning to Onity Mortgage Branding
Onity Group will consolidate its identity by rebranding PHH Mortgage as Onity Mortgage, enhancing its servicing and originations under one unified platform.
The Communication SOP: Cornerstone of Lender-Borrower Trust
Developing a Robust Communication SOP for Lender-Borrower Relations In the intricate world of private mortgage servicing, where relationships are often built on direct engagement and trust, the clarity and consistency of communication stand paramount. It's not merely about conveying information; it's about fostering an [...]
Prudent Reserves: The Essential Safety Net for Private Lending Deals
Case Study: How a Prudent Reserve Saved a Private Lending Deal In the dynamic world of private mortgage lending, opportunity often walks hand-in-hand with risk. Savvy lenders, brokers, and investors understand that while the potential for significant returns is enticing, foresight and robust deal [...]
CFPB’s New Watch: Essential Compliance for Private Mortgage Servicers
CFPB Signals Increased Scrutiny on Private Mortgage Servicing: What New Lenders Need to Know Now The Consumer Financial Protection Bureau (CFPB) is intensifying its focus on mortgage servicing practices, sending clear signals that even smaller, private lenders, brokers, and investors can no longer operate [...]
Data Shows Fix-and-Flips Address Essential Entry-Level Home Shortage
New Western reports a significant supply of affordable homes, with investors providing 120,193 properties under $261,000, far surpassing new builds at 37,931.
Blend Capitalizes on Mortgage Market Recovery While Addressing SaaS Concerns
Blend Labs Inc. reported a profitable quarter, driven by enhanced mortgage market conditions, highlighting opportunities for private lenders in a shifting landscape.
Finance of America Reports 175% Profit Increase Driven by $2.4B in Originations
Finance of America Companies achieved $110 million in net income from continuing operations, a 175% increase, driven by higher loan volume and enhanced operating efficiency.
REMAX expands with acquisition of 300-agent brokerage in Rhode Island.
The firm achieved over $710 million in annual volume, highlighting its strong performance in the mortgage industry, as noted in the latest RealTrends Verified rankings.
Colorado Considers Minimum Home Lot Sizes to Address Housing Challenges
Colorado lawmakers are revising zoning rules to tackle housing affordability by allowing single-family homes on smaller lots, aiming to enhance accessibility in suburban areas.