Rent Reporting Platform Boom Secures $4.5M in Seed Funding

2023-05-31T08:36:11-07:00loan servicing for private money lenders, loan servicing private lenders|

New fintech app, Rent Reporting Boom, makes it easier than ever for landlords to track and report rent payments. With $4.5 million in seed stage funding, the app's users will have access to improved user experience, expanded product offerings, and more market reach. Make tracking and reporting your rent a breeze with Rent Reporting Boom.

Home price increases outpace mortgage rate increases in March.

2023-05-30T09:30:06-07:00loan servicing private lenders|

"March saw home prices rise month-over-month for the second consecutive month, and Miami, Tampa and Charlotte were at the forefront of the trend. Private lenders should take note of this positive trend as it indicates the strength of the U.S. housing market."

Private Lenders Gain Traction as Banks Feel Uncertainty

2023-05-26T09:28:53-07:00loan servicing private lenders, private mortgage loan servicing|

"Discover how the recent bank uncertainty has opened the door for private lenders. Learn how these new options give you more flexibility, access to competitive rates, and customizable loan solutions – all without bailing out the big banks."

Fannie Mae & Freddie Mac Address Loan Repurchase Concerns

2023-05-23T14:05:15-07:00loan servicing private lenders, private lender loan servicing|

Discover the Impact of Loan Repurchase Requests on Private Mortgage Originators - Learn how recent requests have impacted the private lender industry and what might be coming next, backed by an industry expert's insights.

M&A Deals at Risk From Loan Repurchase Liability

2023-05-23T13:19:31-07:00loan servicing private lenders, private mortgage loan servicing companies|

Despite a growing repurchase request wave from Fannie Mae and Freddie Mac, their impact on mergers and acquisitions within the mortgage industry remains unknown. Private lenders must remain vigilant and be prepared for pending shifts.

Blend Enhances Lending with Soft Credit Pulls

2023-05-23T08:41:08-07:00loan servicing private lenders, private money loan servicing|

Blend has launched a groundbreaking soft credit inquiry function that securely transmits requests to credit bureaus without the cost and paperwork of traditional methods. Private lenders now have a reliable answer to costly credit inquiry fees to better serve customers. Develop cutting-edge lending capabilities while maintaining customer privacy.

Nominate Women of Influence for 2023 Awards Now!

2023-05-19T08:07:01-07:00loan servicing for private money lenders, loan servicing private lenders|

The Women of Influence in the Mortgage Industry are honored for their successful leadership and hard work. Recognized for their knowledge and achievements by their peers, their organizations and communities, these women stand out for their excellence. Get the latest news and insights on how these women are continuing to shape the industry landscape.

HUD Watchdog Highlights Deficiencies in COVID-19 Forbearance Oversight

2023-05-17T13:50:51-07:00loan servicing private lenders, private lender loan servicing|

Exciting news in the mortgage industry: HUD acknowledges that the work done by private lenders during the unprecedented times of COVID-19 have not been properly accounted for! Discover more to get the full story.

Rocket’s Approach to Success amid Market Uncertainty

2023-05-17T13:46:14-07:00loan servicing for private money lenders, loan servicing private lenders|

Get the scoop on what two private mortgage lenders think about M&A opportunities, the current market, & their "bank-like" strategies. Learn what's happening in the industry with an exclusive interview from HousingWire.

Homebuilders Taking Advantage of Low Housing Supply

2023-05-17T07:55:12-07:00loan servicing private lenders, private mortgage loan servicing companies|

An April marked by limited existing home inventory saw an uptick in housing starts from new homebuilders. While representing a positive movement, the numbers were still 22% lower than they were a year prior. Private lenders should take note.

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