Reverse mortgage originators report positive performance for 2024.

2024-02-09T14:46:30-08:00private lender loan servicing, private mortgage servicing companies|

As a mortgage industry expert, I provide clinical summaries for industry news. Promising starts in 2024 are reported by reverse mortgage originators based on direct interviews, offering insights for private lenders.

California’s Affordable Homeownership Remains Historically Low

2024-02-09T13:10:18-08:00private mortgage servicing, private mortgage servicing companies|

Private lenders may find it interesting that a minimum annual income of $222,800 was required to afford monthly payments of $5,570 for affordable homeownership in California, which remains at a historic low. Learn more.

January reveals stagnant asking rents, according to Redfin report

2024-02-09T12:45:17-08:00private loan servicing company, private mortgage servicing companies|

As an industry expert, read about Redfin's analysis on apartment completions and stagnant asking rents in January. Keep up-to-date with real estate news for private lenders.

Crafting an Unforgettable Real Estate Agent Biography That Wins Leads

2024-02-09T06:47:28-08:00private loan servicing company, private mortgage servicing companies|

Discover effective strategies to captivate and connect with new clients in the mortgage industry. Expert tips and examples provided for private lenders.

Lower mortgage rates lead to growth in home prices, per NAR.

2024-02-09T04:32:02-08:00loan servicing for private money lenders, private mortgage servicing companies|

As a mortgage industry expert, I provide unbiased summaries of industry news. Discover significant home price increases in U.S. metro markets analyzed. Ideal for private lenders.

Decline in NAR membership persists within mortgage industry

2024-02-07T09:42:40-08:00loan servicing for private money lenders, private mortgage servicing companies|

Summary: NAR membership dropped to its lowest level since May 2021, declining by 5.3% to 1.516 million in January. Private lenders may find this information relevant and insightful for industry analysis.

Analysis: Location and Return Timeline of Housing Inventory Revealed

2024-02-07T09:31:01-08:00private lender loan servicing, private mortgage servicing companies|

"Discover intriguing shifts in housing inventory revealed by recent Census Bureau data, with valuable insights into future trends provided by Altos Research." (155 characters)

Homebuilders’ Concerns: Persisting Anxiety over Increasing Borrowing Costs

2024-02-05T13:44:26-08:00private loan servicing company, private mortgage servicing companies|

Expert analysis of factors impacting homebuilders in 2023: high interest rates, rising inflation, growing labor costs, and worker shortages. Valuable insights for private lenders.

Fairway Independent Mortgage to Close Wholesale Division

2024-02-05T13:15:36-08:00loan servicing private lenders, private mortgage servicing companies|

Discover the latest news in the mortgage industry as Fairway Independent Mortgage plans to close its Wholesale Division. Learn more here.

Freddie Mac introduces $2,500 credit for Home Possible and HFA Advantage mortgage products.

2024-02-05T10:21:06-08:00private lender loan servicing, private mortgage servicing companies|

Freddie Mac introduces $2,500 credit to assist very low-income borrowers with home purchase expenses amidst tough market conditions. Ideal for private lenders.

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