JPMorgan Chase Buys $20B in Mortgage Servicing Rights from Rocket.

2023-05-22T05:16:04-07:00private lender loan servicing|

Discover how Rocket Mortgage's decision to sell their servicing book to JPMorgan Chase is changing the landscape of the mortgage servicing industry. From the latest industry news to the implications of this move on private lenders - get the expert insights you need.

IMBs lost avg. $1,972/loan in Q1

2023-05-19T06:19:10-07:00loan servicing for private money lenders, private lender loan servicing|

This quarter's report shows an increase in profitability for lenders and servicers, with only 32% of companies making a profit in Q1 - up from 25% in Q4. Get the insights you need to stay ahead of the competition in the financial mortgage industry.

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.

Incenter Diligence Solutions Enhances Services for Mortgage Servicing Rights Buyers and Sellers

2023-05-17T05:21:25-07:00private lender loan servicing, private mortgage loan servicing companies|

Incenter Diligence Solutions has announced increased offerings to the mortgage servicing rights (MSR) market, giving private lenders access to a more robust range of services. Get the most out of your MSR trades with advanced processes, expert oversight, and more selection than ever before.

Homebuilders Feeling Confident About the Market

2023-05-16T08:32:28-07:00private lender loan servicing|

Meta Description: Homebuilder confidence continues to remain buoyant with the National Association of Home Builders (NAHB) and Wells Fargo Housing Market Index (HMI) report indicating an index value of 50 in May, a five point increase from April. Private lenders should note this positive direction of the housing market this spring.

Homeowners Reap Rewards with COVID Refinance.

2023-05-16T05:04:08-07:00private lender loan servicing, private mortgage loan servicing|

"Rely on private lenders for refinancing without the hassle. During the 21-quarter period from Q2 2020 to Q4 2021, 14 million mortgages were refinanced – that's almost one-third of all outstanding mortgages. Get the peace of mind you need without long wait times."

in the mortgage industry Women of Influence Conquer Mortgage Industry

2023-05-15T13:04:07-07:00private lender loan servicing, private mortgage servicing companies|

Celebrate leading female contributors to the housing industry! HW's Women of Influence award honors remarkable women for their inspiring business accomplishments & meaningful contributions. It's time to recognize the champions of the housing industry!

Lenders: Avoid 10-Year Construction Defect Liability in CA Fix-and-Flip Properties

2023-05-12T10:50:31-07:00private lender loan servicing, private money loan servicing|

Learn how to mitigate lender liability when taking on state-mandated insurance requirements for construction defects in fix-and-flip properties. Find out key steps you should take to avoid being held liable for up to 10 years after the foreclosure process is complete. Get informed on the potential risks that lenders face and find out what you can do to protect yourself.

2020 Home Point suffers $28M loss in Q1 despite incoming closure.

2023-05-12T10:25:04-07:00private lender loan servicing, private mortgage loan servicing|

An in-depth look at Home Point Capital's latest quarterly loss and its implications for private lenders. Discover what could be coming down the line for the mortgage giant's customers after the sale to the U.S.'s largest servicer was announced.

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