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.

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."

The Q4 2023 saw household debt surge to a staggering $17.5 trillion.

2024-02-06T12:35:44-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Discover the latest updates in the mortgage industry as mortgage balances increase by $112 billion, reaching $12.25 trillion by December's end. Find out more here.

Federal Reserve Chair Powell discusses rate cuts on 60 Minutes, signaling no change in stance.

2024-02-05T05:23:29-08:00private loan servicing company, private mortgage loan servicing companies|

As a mortgage industry expert, I provide insightful news summaries without using specific terms, focusing on recent opinions. Powell suggests the Fed should wait for further labor damage before adjusting the Federal Funds Rate or adopting a neutral policy stance. Ideal for private lenders.

Increase in Jobs Data Causes Mortgage Rates to Rise

2024-02-02T13:13:29-08:00loan servicing private lenders, private mortgage loan servicing companies|

As a mortgage industry expert, stay updated with the latest news: positive job market results, exceeding estimates, wage growth - valuable insights for private lenders.

The Tech100 Mortgage and Real Estate winners for 2024 have been announced.

2024-02-02T06:46:05-08:00private mortgage loan servicing, private mortgage loan servicing companies|

For 12 years, HousingWire's Tech100 program has honored groundbreaking technology companies solving long-standing challenges in the mortgage and real estate industry. Discover the innovators driving growth and efficiency with powerful analytics.

Pennymac achieves $145 million profit in the year 2023.

2024-02-02T05:01:07-08:00private mortgage loan servicing companies, private mortgage servicing companies|

"Pennymac Financial Services demonstrates profitability in a challenging market, attributing success to a strong servicing portfolio."

NewRez Implements Retail Division Restructuring, Reducing Senior Managers

2024-02-02T04:02:11-08:00private mortgage loan servicing companies|

As an industry expert, I provide clinical summaries of mortgage industry news. Discover the latest update about a lender restructuring its retail mortgage division, leading to cuts in senior managers and leaving LOs in search of new opportunities. Stay informed!

Examining the Impact of 2023 on the Housing Market

2024-01-31T09:22:08-08:00private lender loan servicing, private mortgage loan servicing companies|

Discover the annual average and median percentage of households purchasing homes, which was 4.78% and 4.64% respectively over 40+ years. In 2023, this figure decreased to 3.58%. Valuable insights for private lenders.

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