Rithm Capital achieves a profit of $524 million in 2023.

2024-02-07T07:58:45-08:00private money loan servicing, private mortgage loan servicing|

Discover the latest news in the mortgage industry. Gain insights on the performance of a New York-based REIT, as it reports a net loss of $87.5M in the final quarter. Explore opportunities for private lenders.

Christie’s Affiliate No Longer Involved in Commission Lawsuit

2024-02-06T14:36:46-08:00private mortgage loan servicing, private mortgage servicing|

As a mortgage industry expert, get insights on the Masiello commission lawsuit. Christie's affiliate, Walt Danley Local Luxury, dismissed voluntarily. Valuable for private lenders.

REX appeals ongoing court ruling in battle against Zillow.

2024-02-06T10:13:18-08:00private mortgage loan servicing, private mortgage servicing|

As a mortgage industry expert, read a summary on REX's appeal to the Ninth Circuit regarding a lower court's decision on its suit against Zillow. Find out more.

Fed survey: Nearly all banks report tightened lending standards for residential mortgages.

2024-02-06T08:03:37-08:00private lender loan servicing, private mortgage loan servicing|

Private lenders can expect mortgage demand to strengthen across all loan categories in the coming years, driven by expected rate cuts, according to industry experts. Stay informed with the latest news.

Wire fraud mitigation efforts prioritize consumer education.

2024-02-06T06:34:18-08:00private lender loan servicing, private mortgage loan servicing|

Discover the crucial role of consumer education in combating wire fraud and protecting private lenders from real estate fraud risks.

Mortgage rates exceed 7% following December benchmark

2024-02-06T06:06:09-08:00private lender loan servicing, private mortgage loan servicing|

"Mortgage rates surge above 7%, driven by robust economic indicators and cautious Fed policies, presenting an intriguing opportunity for private lenders."

Guild faces lawsuit over $750,000 in unpaid compensation by former executive.

2024-02-05T13:50:07-08:00private mortgage loan servicing|

Experienced veteran mortgage executive James Seely joins Guild in 2021 after the acquisition of Residential Mortgage Holdings. Stay informed with industry news.

RealReports secures $2 million in seed funding for mortgage industry advancement.

2024-02-05T13:22:03-08:00loan servicing for private money lenders, private mortgage loan servicing|

"RealReports secures $2M seed funding from venture capital partners. Industry-insider news for private lenders in the proptech space."

Are rising mortgage rates already deterring homebuyers, according to Altos?

2024-02-05T12:35:16-08:00private lender loan servicing, private mortgage loan servicing|

As a mortgage industry expert, I provide timely industry news summaries. Explore why mortgage rates are rising due to strong economic growth.

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