Job Data Trends Indicate Continued Support for Lower Mortgage Rates
December's job growth decelerated to 50,000, maintaining mortgage rates around 6%. Trump's MBS strategy aids in achieving improved spread conditions for lenders.
The 2–4% Mortgage Barrier: Exploring Defeasance as a Solution
U.S. housing market faces inventory challenges as rate-locked homeowners hesitate to sell. Low mobility impacts transactions amid rising home values.
DOJ Launches Criminal Inquiry into the Federal Reserve and Jerome Powell
DOJ issues grand jury subpoenas to the Federal Reserve, intensifying Trump's efforts to influence Powell on interest rate decisions, raising concerns for lenders.
Mastering Year-End Reporting for Private Mortgages: Compliance, Profitability, and Trust
Year-End Reporting for Private Mortgages: Navigating Compliance, Maximizing Profitability, and Securing Trust The turn of the calendar year brings with it a distinctive mix of anticipation and trepidation for professionals in the private mortgage sector. While the promise of new opportunities looms, so too [...]
The effect of declining mortgage rates on housing inventory levels.
U.S. housing inventory growth slows to 9.99% year-over-year amidst rising mortgage rates near 6%, with significant price reductions of 34.7%.
Private Mortgage Note Servicing Software: Essential Features Explained
Private Mortgage Note Servicing Private mortgage note servicing refers to the comprehensive management of loans held by private lenders, investors, or individuals, rather than traditional banks. This encompasses everything from collecting monthly payments and managing escrow accounts to handling borrower inquiries and ensuring compliance [...]
Automating Private Loans: From Reactive to Proactive Servicing
The Paradigm Shift: From Reactive to Proactive Servicing with Automation for Private Loans The Paradigm Shift: From Reactive to Proactive Servicing with Automation for Private Loans In the dynamic world of private mortgage servicing, an undeniable transformation is underway. For decades, servicing operations, particularly [...]
Why Private Note Investors Must Demand Automated Transparency from Servicers
Investor's Perspective: Demanding Automated Transparency from Servicers of Private Notes Investor's Perspective: Demanding Automated Transparency from Servicers of Private Notes In the dynamic world of private mortgage notes, investors often seek attractive yields and diversification. Yet, the journey from investment to consistent, reliable returns [...]
Unveiling the Core Features of Private Mortgage Servicing Software
Key Terms in Private Mortgage Servicing Software Loan Boarding Loan Boarding refers to the initial process of setting up a new mortgage loan within a servicing software system. This involves accurately inputting all critical loan data, such as borrower information, loan terms, interest rates, [...]
Your Essential Guide to Private Mortgage Servicing Software Terms
Loan Servicing Software A central system for managing all aspects of a mortgage loan post-closing. It covers payments, escrow, reporting, and compliance. For private mortgage servicing, this software automates manual tasks, significantly reduces errors, and ensures regulatory adherence for individual lenders or investors holding [...]