UWM, Mid Valley Settle Mortgage Lawsuit

2023-06-06T08:55:23-07:00private mortgage loan servicing, private mortgage servicing|

Industry Expert Summarizes UWM's Lawsuit Against Mid Valley Funding: An unbiased analysis summarizing the varying perspectives around UWM's lawsuit against Mid Valley Funding, including charges of violating UWM's controversial ultimatum for sending loans to competitors Rocket Mortgage and Fairway Independent Mortgage. Get the full story to see how it affects the private lending industry.

Essential Endorsements for All Mortgage Deals

2023-06-05T09:39:39-07:00private money loan servicing, private mortgage servicing|

Mortgage industry experts recommend utilizing certain endorsements on all transactions in order to protect all loan originators and lenders involved. The ALTA 9-06 endorsement is one of the most important, with benefits including: • Exoneration of all loan originators and lenders from any wrongs [...]

MC Mortgage Group Joins UMortgage Platform

2023-06-05T04:10:37-07:00private mortgage loan servicing, private mortgage servicing|

Introduce Umortgage: Welcome MC Mortgage Group to the Nationwide Network. Discover the Growing Platform That Links Private Lenders to Added Savings & Security for Their Mortgage Needs. Sign Up Today!

and mortgage rates Mortgage Rates Uncertain Following May Jobs Report

2023-06-02T08:44:13-07:00private mortgage servicing, private mortgage servicing companies|

Achieve success in the mortgage industry with up-to-date job growth insights: Discover the 339,000 jobs that were added in May compared to the previous month and why economists were surprised. Get your news from a mortgage industry expert.

Mortgage Applications Fall as Rates Reach 6-Month High

2023-05-31T04:57:32-07:00private mortgage loan servicing, private mortgage servicing|

Last week, higher mortgage rates resulting from the debt ceiling drama and resilient inflation caused home loan demand to fall. As an expert in the mortgage industry, stay on top of the news and find the best options for your private lenders.

UBS Shutting Down US Mortgage Trading Unit

2023-05-30T12:54:17-07:00private lender servicing, private mortgage servicing|

UBS Group AG explores winding down US mortgage business focusing on TBA Trading. Learn more about the bank's plans and implications of transitioning away from TBA trading from a Mortgage Industry Expert.

Mortgage Rates Rise Above 7%: A Housing Market Update

2023-05-29T04:08:40-07:00private lender loan servicing, private mortgage servicing|

The debt ceiling drama in Washington pushed bond yields higher last week, resulting in a new 2023 high for mortgage rates in the middle of the spring selling season. Mortgage professionals can assist private lenders in finding the best rates in this rapidly changing environment.

Securing Mortgages in Challenging Markets: Negotiation Strategies

2023-05-26T08:39:08-07:00private loan servicing company, private mortgage servicing|

The domestic economy is showing positive momentum thanks to strong employment figures and persistent inflation. Despite this, the Federal Reserve looks set to continue tightening policy and raising interest rates. Additionally, recent news about prominent banking failures may lead to a decrease in availability [...]

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