loanDepot Settles Securities Class Action Suit for $3.5M

2023-08-11T05:13:18-07:00private money loan servicing, private mortgage servicing|

This professional mortgage industry expert provides insights into the recent class action lawsuit against loanDepot. Gain a behind-the-scenes look into the details of the case and how it impacts the mortgage industry. Find out the latest settlement developments and how they affect private lenders from the foremost authority in the business.

Fed Pivoting on Inflation Data?

2023-08-11T04:02:17-07:00private money loan servicing, private mortgage servicing companies|

This article takes a close look at the inflation data released by the Federal Reserve and how this could influence the possible pivot in 2024. Logan Mohtashami breaks down the implications for private lenders and what it could mean for interest rates. Gain insight into the possible effects of these changes on your business.

Mortgage Brokerage Suffers $4M Loss Despite Growing Agent Numbers

2023-08-09T13:53:50-07:00private money loan servicing|

"Discover how Fast-growing The Real Brokerage posted a $3.97 million net loss during the second quarter of 20xx, but experienced a revenue increase year-over-year. Take a look at the mortgage industry's reactions and what this can mean for private lenders around the world."

UWM Posts Profitable Q2 as Origination Volume Reaches $32B

2023-08-09T08:38:08-07:00private money loan servicing, private mortgage servicing companies|

Backed by UWM, private lenders have access to $31.8 billion in mortgages for Q2 2023 — $28 billion of which were for purchase loans. With top industry expertise, secure your best rates and terms with UWM.

Nonbanks Must Address Liquidity Challenges: Alanna McCargo

2023-08-09T05:27:36-07:00private money loan servicing, private mortgage loan servicing|

"Ginnie Mae President Alanna McCargo shines light on the costly activity for nonbanks to borrow in a market with low refinance activity, emphasizing the high financial strain for the government mortgage system. Understand the implications for private lenders and find out more on latest industry news."

US Home Insurance Policies Drop Dramatically in 2023

2023-08-09T05:26:55-07:00private loan servicing company, private money loan servicing|

Knowledgeable Homeowners Realize Securing Suitable Home Insurance Policies Is Becoming Increasingly Difficult: Learn What Challenges Private Lenders are Facing and How to Best Protect Your Clients.

CertifID Explains Increase in Mortgage Payoff Fraud of over 500%

2023-08-10T11:10:47-07:00private lender servicing, private money loan servicing|

"Secure a bigger return on your investment with vigilance against mortgage payoff fraud. Learn more from a mortgage industry expert on how to protect your interests without sacrificing convenience and profits."

The Impact of Low Mortgage Credit Availability: What You Need To Know

2023-08-10T11:11:10-07:00loan servicing for private money lenders, private money loan servicing|

"In July, mortgage credit availability dropped to its lowest level since 2013 - as receding origination volumes made lending less profitable for many lenders. Get the latest insights from an industry expert on how this might impact private lenders."

Bay Area housing to be created from abandoned land.

2023-08-08T04:43:40-07:00private lender loan servicing, private money loan servicing|

"Learn how the new law signed by Governor Gavin Newsom will soon transform a 32-acre "vacant" lot in the California Bay Area into housing. An exciting development for private lenders in the region!"

FTC Dismisses Challenge to ICE-Black Knight Merger

2023-08-07T08:45:01-07:00loan servicing private lenders, private money loan servicing|

This article examines the federal court case dismissed by the FTC concerning the acquisition of Black Knight by ICE. Discover how this decision clears the regulatory hurdle and will likely enable the deal to close, and what it means for the private lending industry.

Go to Top