FHFA Bi-Merge Credit Transition Challenges ‘Immense’ – Housing Orgs Weigh In.

2023-06-23T04:12:22-07:00loan servicing private lenders, private loan servicing company|

"17 housing organizations are calling on the FHFA to grant more time for the bi-merge credit transition to address existing difficulties. Get the full story from a Mortgage Industry expert about the implications for private lenders."

Mortgage Demand Grows, Lags Behind Last Year’s Levels

2023-06-21T07:45:46-07:00loan servicing private lenders, private loan servicing company|

Mortgage application demand rose 0.5% from the prior week, while demand for purchase mortgages dropped 32% from last year. Private lenders must confront a challenging lending environment as key housing markets continue to face inventory shortages and rising prices.

Housing Starts Surge as Builders Meet Strong Demand

2023-06-20T09:40:31-07:00loan servicing private lenders, private mortgage loan servicing companies|

"Housing starts and permit applications both rose in May at the highest rate since 2016, signifying a strong response from builders as consumer demand for housing increases. See the data to find out why the outlook for the housing industry is so positive."

Figure Technologies Unveils Wholesale Lending Solution

2023-06-20T09:08:03-07:00loan servicing private lenders, private money loan servicing|

"Loan originators, now you have access to a unique and powerful HELOC offering from Figure Technologies - the Wholesale Lending Platform. Make financing options available to the private lender with this innovative tool from Figure Technologies."

Florida School District Develops Housing to Address Teacher Shortages

2023-06-19T10:01:20-07:00loan servicing private lenders, private money loan servicing|

This article explores how low-cost housing options for faculty and staff near certain schools can help solve the long-standing issue of high housing costs. Learn how school districts are addressing housing costs and creating a positive impact.

Below-Median Income Households Make Unexpected Homeownership Gains

2023-06-16T13:16:36-07:00loan servicing private lenders, private mortgage servicing|

Family income households living below the national median are defying economic pressures to still achieve homeownership in the U.S. Learn how they are navigating through higher borrowing costs and home prices to realize the dream of becoming a homeowner.

CFPB to Explore Streamlining Mortgage Servicing Rules

2023-06-16T03:59:32-07:00loan servicing for private money lenders, loan servicing private lenders|

The CFPB seeks to create simplification of servicing rules, for the purpose of increased agility from servicers. Learn more in this summary of the CFPB Director's words from a private lending industry expert.

Mortgage Demand Edges Higher But Remains Below Last Year’s Level

2023-06-15T08:22:51-07:00loan servicing private lenders, private mortgage loan servicing companies|

Be informed of the latest in the mortgage industry - Get an insightful summary of the Mortgage Bankers Association's recent findings regarding consumer demand spurred on by two consecutive weeks of mortgage rate drops. Take advantage of industry news to make the best decision regarding your home loan.

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