Home price gains could have possibly reached the peak of the cycle, suggests CoreLogic.

2024-02-07T13:38:13-08:00private money loan servicing, private mortgage servicing|

As an expert in the mortgage industry, I provide non-salesy industry news summaries. Discover the national appreciation of 3.9% in 2023, reflecting a return to the pre-pandemic average – valuable insight for private lenders.

‘Hamptons’ ‘La Dune’ Sets New Record of $88M in Sotheby’s Art Auction’

2024-02-07T09:34:22-08:00private money loan servicing|

Discover the latest milestone in the mortgage industry as the iconic estate 'La Dune' achieves a groundbreaking sale of $88.48 million at a Sotheby's art auction, setting a profound precedent for private lenders.

Housing coalition releases recommendations to enhance GSEs’ ‘Duty to Serve’ initiatives.

2024-02-07T08:06:55-08:00private money loan servicing, private mortgage loan servicing companies|

A comprehensive housing coalition presents "Blueprint 2024," highlighting strategies for agencies' Duty to Serve plans, valuable for private lenders.

Rithm Capital achieves a profit of $524 million in 2023.

2024-02-07T07:58:45-08:00private money loan servicing, private mortgage loan servicing|

Discover the latest news in the mortgage industry. Gain insights on the performance of a New York-based REIT, as it reports a net loss of $87.5M in the final quarter. Explore opportunities for private lenders.

Increase in Mortgage Demand Driven by Strong Purchase Applications

2024-02-07T05:58:00-08:00private money loan servicing, private mortgage loan servicing companies|

"Discover the latest market trends as mortgage demand rises, driven by lower interest rates, attracting homebuyers and refinance applicants."

Popularity of assumable mortgages increases, yet obstacles persist

2024-02-06T13:19:43-08:00private money loan servicing, private mortgage servicing|

Discover the challenges hindering widespread adoption of mortgage products: product limitations, strict regulations, and operational inefficiencies. Valuable insights for private lenders.

First National Bank of Pennsylvania resolves $13.5M redlining case.

2024-02-06T09:28:00-08:00loan servicing private lenders, private money loan servicing|

Discover the latest complaint involving FNB's alleged failure to offer mortgage services in predominantly Black and Hispanic areas of Charlotte and Winston-Salem, NC. Private lenders in the region may find this development valuable.

Temporary Court Order Blocks Florida Law Restricting Chinese Citizens from Owning Property

2024-02-05T14:08:40-08:00loan servicing private lenders, private money loan servicing|

"Learn about the recent U.S. appeals court decision halting enforcement of a Florida law prohibiting Chinese citizens from buying property in the state."

Lennar Launches Master-Planned Community Sales in Florida

2024-02-05T13:34:04-08:00loan servicing private lenders, private money loan servicing|

Experience luxury living in a master-planned community in Florida. Floorplans range from 2,189 to 3,868 sq ft with 3-6 bedrooms and 2.5-4.5 baths. Learn more.

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