Increase in Funding towards Affordable Multifamily Properties

2024-01-24T14:00:20-08:00private loan servicing company, private mortgage loan servicing|

Strategies for private lenders: Learn how multifamily developers are attracting investments to build more affordable apartments and address housing affordability challenges.

Fannie Mae and Freddie Mac Unveil New ‘Mission Index’ to Enhance Industry Standards

2024-01-24T12:08:15-08:00private lender loan servicing, private mortgage loan servicing|

Discover the enhanced "Mission Index" recently introduced by the GSEs to expand and modernize their single-family social bond framework, ideal for private lenders in the mortgage industry.

eXp Realty Faces Third Sexual Harassment Lawsuit

2024-01-23T08:11:38-08:00private mortgage loan servicing, private mortgage servicing|

As a mortgage industry expert, discover the latest news regarding eXp Realty, the top-ranked brokerage in the country, facing a new lawsuit alleging sexual harassment. Relevant and insightful information for private lenders provided.

Dismissal of Second REBNY Commission Lawsuit

2024-01-22T08:25:19-08:00private money loan servicing, private mortgage loan servicing|

Discover the latest development in the real estate industry: a copycat commission lawsuit has been voluntarily dismissed by Robert Friedman, offering insight to private lenders.

New Commission Lawsuit Filed Against California’s Mortgage Industry

2024-01-19T14:51:24-08:00private money loan servicing, private mortgage loan servicing|

As an industry expert, I provide clinical summaries on relevant news for mortgage professionals. Stay updated on a copycat commission lawsuit targeting Northern California Realtor associations and brokerages. Discover more.

Country Club Mortgage’s Workforce Reduction: Employee Layoffs and Office Closures

2024-01-19T14:43:31-08:00private mortgage loan servicing, private mortgage servicing companies|

Country Club Mortgage, a California lender, will lay off 100+ employees, including its president and CEO, following facility closures in a significant setback for the company.

Florida’s Single-Family Home Sales Decline by 10.3% in 2023

2024-01-19T13:11:06-08:00loan servicing for private money lenders, private mortgage loan servicing|

As an industry expert, discover the trends in Florida's single-family home sales, with a 1.9% increase in median prices. Stay informed with Weekly Real Estate News.

Fannie Mae remains optimistic about mortgage rates potentially dropping below 6% by year-end.

2024-01-19T12:28:39-08:00loan servicing for private money lenders, private mortgage loan servicing|

Lower rate environment boosts refi volume & helps thaw existing home sales market, presenting opportunities for private lenders. Learn more from Fannie Mae.

loanDepot restores systems after cyberattack

2024-01-19T12:27:42-08:00loan servicing for private money lenders, private mortgage loan servicing|

Learn about LoanDepot's ongoing investigation into a cyberattack, reported in January, and their progress in restoring limited system functionality. Ideal for private lenders.

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