Securing Residential Real Estate with Business Purpose Lending: A Guide to Licensing Rules for Private Lenders

2023-06-09T07:58:47-07:00loan servicing private lenders, private mortgage loan servicing companies|

Meta Description: Discover the licensing rules for private lenders in the US and learn how to simplify Business Purpose Lending secured by residential real estate. Find out the myths and misconceptions surrounding the licensing process and understand why it is necessary to get a license in certain states.

Housing Equity Falls YOY: CoreLogic Report

2023-06-09T04:38:18-07:00loan servicing private lenders, private mortgage servicing|

"Home equity saw an unexpected decline of $5,400 per homeowner from 1st quarter 2022 to 1st quarter 2023, leading to the first downturn for equity since 2012. Discover what this could mean for private lenders and how it could affect the overall mortgage landscape."

Efficient Mortgage Experience Enabled by Roostify Platform for Borrowers and Loan Officers

2023-06-07T08:57:06-07:00loan servicing private lenders, private mortgage servicing|

CoreLogic’s increased technology offering accelerates consumer-lender interactions and enhances borrower satisfaction.

Rocket Mortgage Hires Local Loan Officers, Exploring New Strategies

2023-06-06T14:00:25-07:00loan servicing private lenders, private money loan servicing|

Rocket Mortgage is on the hunt for local loan officers to join their team during a period of heavy reliance on the purchase market. Gain knowledge to guide clients through the complex mortgage process. Join a reputable company and become a true expert in the field.

California Loan Mods Risky: Act Now

2023-06-05T10:07:08-07:00loan servicing private lenders, private lender loan servicing|

Many lenders in California rely on licensed real estate brokers to arrange loans without needing their own license. Discover the impact of this arrangement on interest and origination fees and learn more about loan modifications in peril in California.

Revolution Mortgage Hires Top Talent from loanDepot

2023-06-05T08:38:36-07:00loan servicing private lenders, private lender servicing|

Revolution Mortgage, trusted direct retail lender, expands market share with addition of two loanDepot's top lending officers. Get tailored loan solutions that fit your needs. Laon requirements, payment plans, & more. Discover today why Revolution is the industry leader.

Executives to Depart loanDepot Amid Business Consolidation

2023-06-05T08:36:23-07:00loan servicing for private money lenders, loan servicing private lenders|

"LoanDepot is undergoing special changes with the financial sector. With CFO Patrick Flanagan departing and being replaced by David Hayes (from CoreLogic), plus the exit of three others- these changes promise to shake up the private lender market. Get the full story on the transformation now!"

How Holiday Shopping Impacts the Housing Market

2023-06-05T03:53:35-07:00loan servicing private lenders, private money loan servicing|

"Last week, housing inventory growth experienced a noticeable slowdown. As an experienced mortgage industry expert, I'm hoping this reduction in inventory was just due to the holiday week and isn't the start of a long-term trend. Understand the changing dynamics in the private lending market with insight from the expert."

ESSA Bank Agrees to Settle DOJ’s Redlining Allegations for $3M

2023-06-02T13:34:52-07:00loan servicing private lenders, private money loan servicing|

"Private lenders need to be aware of the recent settlement involving DOJ and ESSA regarding alleged redlining practices. Learn more about the case and what it means for lenders without any bias from ESSA."

Pretium Partners to buys 4,000 D.R. Horton rental homes for $1.5B.

2023-06-02T13:26:18-07:00loan servicing private lenders, private lender servicing|

Pretium Partners, a real estate investment firm, has agreed to a $1.5 billion deal to purchase thousands of homes from D.R. Horton Inc. Learn more about this groundbreaking deal's potential impact on the private lenders industry.

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