New York State Housing Inventory Reaches Lowest Level in Eight Months

2024-12-20T12:20:45-08:00private money loan servicing, private mortgage loan servicing|

New York housing inventory hits an 8-month low, contributing to a 4.6% drop in sales. Insights vital for private lenders navigating the current market landscape.

NAR Settlement Appeals Ongoing with Insight from Law Professor Tanya Monestier

2024-12-20T07:54:53-08:00private lender servicing, private mortgage loan servicing|

Monestier appeals a ruling regarding her motions to intervene and reconsider, impacting several objectors following a recent settlement approval in the Eighth Circuit.

California Home Sales Experience Significant Annual Growth

2024-12-19T14:08:37-08:00loan servicing private lenders, private mortgage loan servicing|

California's median home price shows fluctuations, providing insights into market trends that could impact private lending strategies and investment opportunities.

CreditXpert reveals launch date for its credit optimization platform.

2024-12-18T13:51:07-08:00private mortgage loan servicing, private mortgage loan servicing companies|

Company shifts focus from traditional credit repairs to credit optimization, sunsetting two tools to enhance financial solutions for private lenders.

Powell’s Comments Lead to Increase in Mortgage Rates

2024-12-18T13:10:23-08:00private mortgage loan servicing, private mortgage servicing|

Federal Reserve Chairman Powell's remarks during the Q&A press conference led to an increase in the 10-year yield, impacting mortgage rates significantly.

New York State Evaluates Expanding CRA Law to Include Nonbank Mortgage Lenders

2024-12-18T13:03:09-08:00private lender loan servicing, private mortgage loan servicing|

New regulation proposes testing for nonbank lenders where loans are originated, not tied to physical branches, impacting the mortgage landscape.

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