Mr. Cooper achieves $500M profit and responds to Yellen’s concerns on nonbanks

2024-02-09T08:32:35-08:00loan servicing private lenders, private mortgage loan servicing companies|

As a mortgage industry expert, my role is to provide informative summaries of industry news. Here's an SEO meta description for private lenders seeking relevant information: "Insight into Performance: Higher interest rates in 2023 led to growth, especially in servicing business, making it valuable for private lenders."

Housing affordability lingers at historically low levels, reports NAHB.

2024-02-09T06:37:36-08:00loan servicing for private money lenders, loan servicing private lenders|

Discover the state of affordability in the housing market as only 37.7% of new and existing homes sold in Q4 2023 were deemed affordable for median-income households. Valuable insight for private lenders.

Dissimilarities between Q4 housing credit data and 2008 are striking

2024-02-09T05:38:49-08:00loan servicing private lenders, private money loan servicing|

Discover how the landscape of housing credit has significantly changed since 2005-2008, as outlined in the insightful Federal Reserve Quarterly Report on Household Debt and Credit. Gain valuable insights for private lenders.

Colorado reverse mortgage professional finds success with shifted radio outreach.

2024-02-08T09:13:10-08:00loan servicing private lenders, private loan servicing company|

Discover how a strategic shift to radio helped Bruce Simmons enhance his reverse mortgage business, providing compelling insights for private lenders.

Fannie Mae expounds on adjustable rate mortgages for manufactured homes, extends cash-out refinance term.

2024-02-07T12:19:18-08:00loan servicing private lenders, private loan servicing company|

Stay up-to-date with the latest changes in the mortgage industry. February Selling Guide now includes updated ARM rates and extended cash-out refi term for manufactured homes. Important information for private lenders.

Study Reveals Disparities in Homeownership Rates Between Blacks and Whites

2024-02-06T13:00:23-08:00loan servicing private lenders, private lender servicing|

A data study by LendingTree reveals racial disparities in homeownership, with Black people owning only 10.15% of homes nationwide while Whites own 69%. Explore the findings here.

First National Bank of Pennsylvania resolves $13.5M redlining case.

2024-02-06T09:28:00-08:00loan servicing private lenders, private money loan servicing|

Discover the latest complaint involving FNB's alleged failure to offer mortgage services in predominantly Black and Hispanic areas of Charlotte and Winston-Salem, NC. Private lenders in the region may find this development valuable.

Temporary Court Order Blocks Florida Law Restricting Chinese Citizens from Owning Property

2024-02-05T14:08:40-08:00loan servicing private lenders, private money loan servicing|

"Learn about the recent U.S. appeals court decision halting enforcement of a Florida law prohibiting Chinese citizens from buying property in the state."

Lennar Launches Master-Planned Community Sales in Florida

2024-02-05T13:34:04-08:00loan servicing private lenders, private money loan servicing|

Experience luxury living in a master-planned community in Florida. Floorplans range from 2,189 to 3,868 sq ft with 3-6 bedrooms and 2.5-4.5 baths. Learn more.

Fairway Independent Mortgage to Close Wholesale Division

2024-02-05T13:15:36-08:00loan servicing private lenders, private mortgage servicing companies|

Discover the latest news in the mortgage industry as Fairway Independent Mortgage plans to close its Wholesale Division. Learn more here.

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