Many Canadians anticipate Bank of Canada rate cut soon

2024-05-31T13:00:22-07:00loan servicing private lenders, private mortgage servicing|

Discover why many Canadians anticipate a Bank of Canada rate cut and how it may impact mortgage affordability. Read more insights from Weekly Real Estate News.

Republican lawmakers raise concerns about Freddie Mac’s expansion into second mortgages

2024-05-30T14:02:47-07:00loan servicing private lenders, private lender servicing|

Discover the concerns raised by GOP lawmakers regarding Freddie Mac's potential expansion into second mortgages. Read more here.

GSEs Enhance Flex Modification Program, Aim for 20% Reduction in P&I

2024-05-29T13:01:25-07:00loan servicing private lenders, private lender loan servicing|

Learn about recent updates in the mortgage industry, including Fannie Mae and Freddie Mac completing over 500,000 modifications since 2017.

Dismissal of eXp and Glenn Sanford from Sexual Assault Lawsuit

2024-05-28T12:24:47-07:00loan servicing private lenders, private lender servicing|

A recent court decision found that a brokerage and its leader were not deemed financially responsible or informed about alleged sexual assaults. Ideal for private lenders looking for industry news.

Challenges in Mortgage Rate Lockdown Amid Inventory Growth

2024-05-27T06:26:46-07:00loan servicing private lenders, private lender servicing|

Discover how the mortgage industry in 2024 saw impressive inventory growth, even in the face of high mortgage rates above 7%. Ideal for private lenders.

HUD announces relief for Texas disaster victims with new assistance programs

2024-05-24T14:42:24-07:00loan servicing private lenders, private mortgage servicing|

Stay informed on HUD's foreclosure moratorium extension in Texas for FHA-insured borrowers affected by recent storms. Important news for private lenders.

GOP informs FHFA of opposition to Freddie Mac’s closed-end second mortgage plan

2024-05-24T13:17:03-07:00loan servicing private lenders, private mortgage servicing companies|

Analysis by industry experts warns that new legislation could potentially impact inflation rates and pose higher risks to private lenders.

Understanding Business Purpose Loans Secured by Residential Property

2024-05-24T09:53:32-07:00loan servicing for private money lenders, loan servicing private lenders|

Explore the niche segment of private lending for business purpose loans secured by residential property. Learn how it differs from traditional mortgages.

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