Opinion: Regulatory Compliance Commences with Leadership

2023-12-19T04:24:15-08:00loan servicing for private money lenders, private mortgage loan servicing|

As the mortgage industry adapts to a new regulatory era, private lenders must prioritize compliance with the law throughout their organization, from the C-suite to the boardroom. Discover the importance of meeting regulatory expectations in this insightful summary.

Impact of Housing Market Headwinds on Self Storage Industry

2023-12-18T14:10:53-08:00private mortgage loan servicing, private mortgage servicing|

As a mortgage industry expert, I write summaries for industry news. In a clinical manner, I can create an SEO meta description that may interest private lenders. Here it is: "Study reveals declining rates for climate-controlled units in major metros, affecting the self-storage industry. Read more on Weekly Real Estate News."

Eric Wu’s Departure from Opendoor Announced for Year-End

2023-12-15T08:37:22-08:00private mortgage loan servicing, private mortgage loan servicing companies|

As an industry expert, Eric Wu, the founder of iBuyer Opendoor, is departing after a decade to rekindle his passion for launching startups. This news holds relevance for private lenders.

Newly introduced bill focuses on mortgage trigger leads, say senators

2023-12-15T06:35:28-08:00private mortgage loan servicing, private mortgage loan servicing companies|

"New bipartisan bill targets mortgage trigger leads, gaining support from MBA. Stay informed on the latest developments in the private lending industry."

OneKey MLS Expands with Acquisition of Mid-Hudson MLS

2023-12-15T06:12:22-08:00private money loan servicing, private mortgage loan servicing|

OneKey MLS expands its membership to nearly 50,000 agents by acquiring Mid-Hudson MLS, offering valuable opportunities for private lenders in New York.

Commercial and Multifamily Mortgage Debt Increases by $37.1 Billion in Q3

2023-12-14T11:09:30-08:00private lender loan servicing, private mortgage loan servicing|

Commercial banks hold the majority (38%) of commercial/multifamily mortgages, totaling $1.8 trillion. Check out the latest increase of $37.1 billion in Q3.

Compass to Eliminate COO Role Resulting in Greg Hart’s Departure

2023-12-13T13:56:26-08:00private mortgage loan servicing, private mortgage loan servicing companies|

Compass' COO Greg Hart to leave brokerage at year-end, as per SEC filing. Valuable insights for private lenders in the mortgage industry.

The Federal Reserve maintains interest rates and anticipates three rate reductions in 2024.

2023-12-13T12:18:23-08:00private money loan servicing, private mortgage loan servicing|

As a mortgage industry expert, I provide clinical summaries of industry news. Explore the recent Fed decision marking a fourth pause, signaling potential growth and better days for private lenders.

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