George Morales discusses his new role with Mortgage Cadence and potential entry of a major bank in the reverse mortgage sector.

2024-02-09T06:22:53-08:00private money loan servicing, private mortgage loan servicing companies|

George Morales discusses his role in expanding Mortgage Cadence's reverse mortgage offerings to include major banks, leading to new opportunities for private lenders.

Dissimilarities between Q4 housing credit data and 2008 are striking

2024-02-09T05:38:49-08:00loan servicing private lenders, private money loan servicing|

Discover how the landscape of housing credit has significantly changed since 2005-2008, as outlined in the insightful Federal Reserve Quarterly Report on Household Debt and Credit. Gain valuable insights for private lenders.

Majority of Metro Areas See Home Price Increases in Q4 2023

2024-02-08T12:14:25-08:00loan servicing for private money lenders, private money loan servicing|

Learn how the national median single-family existing home price increased by 3.5% to $391,700 in the past year. Find out more about home price gains in metro areas.

Housing Affordability Still at Historically Low Level, Reports NAHB

2024-02-08T12:01:32-08:00private money loan servicing, private mortgage loan servicing companies|

37.7% of homes sold in Q4 were affordable to families earning median income, indicating historic low levels in housing affordability. Learn more.

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.

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