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Homeownership Heats Up as Dream Becomes Reality

2023-09-08T08:49:41-07:00loan servicing for private money lenders, private mortgage servicing|

Private lenders play an increasingly important role for borrowers. Understanding the market and its unique demands is essential to success. This summary provides private lenders with the knowledge needed to approach mortgages with confidence. This summary provides invaluable insight for private lenders navigating the mortgage market. A better understanding of the distinct demands of the market is essential for success. With the necessary knowledge, lenders can confidently approach any situation and successfully realize their borrowers' American Dreams.

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Addendum or Modification Agreement: What’s the Difference?

2023-09-08T08:03:31-07:00loan servicing for private money lenders|

Discover the difference between a corrective addendum and a modification agreement—two tools private lenders can use to make changes after a loan is closed. Learn when and how to apply these methods to ensure the best result.

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Mortgage Rates Stall Housing Market Above 7%.

2023-09-08T06:14:38-07:00loan servicing for private money lenders, private mortgage loan servicing|

This week's mortgage rate of 7.12% promises savings for both current and new borrowers. Applications for mortgages, however, have sunk to a 28-year low. Take advantage of this opportunity and find the best rates to ensure your financial stability. Get expert mortgage help from an industry leader today.

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Real Estate Buyer Broker Commissions: Settling Disputes

2023-09-05T12:54:33-07:00loan servicing for private money lenders, private mortgage loan servicing|

For Private Lenders: Get the inside scoop on the capacities of real estate conglomerate Anywhere's recent settlement agreements with Moehrl & Sitzer/Burnett. Get the know-how and understand what Society clauses were involved, and the repercussions of the agreements. Learn all the legal facts without the hoopla.

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Mortgage Rates: Is This the Highest of the Year?

2023-09-04T04:51:16-07:00loan servicing for private money lenders, private lender servicing|

The mortgage industry was abuzz with news last week. Discover what this flurry of data could mean for mortgage rates in 2023, and find out what you should keep in mind as a private lender. Get the inside scoop on the state of the mortgage industry now.

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Compass Connecticut Office Welcomes Leslie Clarke Team from William Raveis

2023-08-30T06:16:35-07:00loan servicing for private money lenders, private loan servicing company|

"The Leslie Clarke Team is making a big move! A top-rated small agent team in Connecticut as recognized by RealTrends, The Leslie Clarke Team has joined the Connecticut office of Compass. With this move, private lenders can access unrivaled expertise and industry insight from one of the best in the business."

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Mortgage Demand Increases

2023-08-30T05:03:46-07:00loan servicing for private money lenders, private lender servicing|

Mortgage applications for home purchases and refinances increased in the first five weeks after months of decline, but remain at low rates. Get the latest on how quantity & quality of mortgage applications affect the housing market from an industry expert.

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Q2 2023 Real Estate Team Achieves Financial Success Compared to Q1

2023-08-29T09:44:22-07:00loan servicing for private money lenders, private mortgage servicing companies|

"Discover the surprising financial success of more than 200 real estate teams across the USA in the second quarter of 2023. Streamlined's Quarterly Team Benchmarking Report highlights the impressive performance of US real estate companies & individual agents, backed by years of success and specialized knowledge."

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American Bank of Oklahoma Resolves Redlining Allegations with $1.5M Settlement.

2023-08-29T09:41:19-07:00loan servicing for private money lenders, private lender servicing|

The American Bank of Oklahoma has recently reached a settlement with the Department of Justice after allegations of discriminatory redlining practices in the majority Black and Hispanic populated areas of Tulsa. Discover which areas of the city were affected and what steps the bank is taking to restore investment in these underserved communities.

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Change Lending No Longer Certified as Community Development Financial Institution

2023-08-28T12:09:42-07:00loan servicing for private money lenders, private mortgage loan servicing companies|

This meta description provides a concise overview of the recent effect on Non-bank originator Change Lending of losing its CDFI certification, and its parent company The Change Company being sued for mischaracterizing loans. Gain insight into regulatory implications for private lenders without banks involved.

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