CEO of CoStar Denies Company’s Involvement in Commission Lawsuits
"Understand the stance of CoStar Group's CEO, Andy Florance, as he clarifies his company's non-involvement in recent commission lawsuits, shedding light on industry intrigue."
Freddie Mac to Launch Fee-Based Repurchase Pilot Program
"Explore Freddie Mac's pilot program—a fee-based repurchase alternative set for an initial launch in 2024, promising solutions for performing loans in private lending."
Private Mortgage Note Servicing: Your Comprehensive Glossary of Terms
Private Mortgage Note This is the foundational legal document outlining a borrower's promise to repay a debt, secured by real estate. Unlike institutional loans, a private mortgage note is typically issued by an individual, a private lender, or an investment group, rather than a [...]
The Investor’s Essential Glossary: Private Mortgage Note Servicing & Transfers
Private Mortgage Note The Private Mortgage Note, often simply called a 'Note' or 'Promissory Note,' is the legal document signed by the borrower that outlines their promise to repay a loan to a specific lender, along with the terms of repayment, interest rate, and [...]
Private Mortgage Loan Servicing: The Complete Guide to Key Terms & Compliance
Master private mortgage loan servicing: key terms, compliance requirements, and operational frameworks every private lender needs to protect their portfolio.
Opinion Piece by Phil Hall: The Landscape Post Sitzer/Burnett in the Mortgage Industry
"Explore Phil Hall's Op-Ed on potential impacts in the real estate industry, focusing on broker fee structures. Learn about life after Sitzer/Burnett. Stay updated with Weekly Real Estate News."
The Mortgage Industry Remembers the Late Patti Cook
"Pioneering industry figure, Patricia 'Patti' Cook, passed away at her home at age 70. Her 45-year tenure in the mortgage sector left an indelible mark and shattered glass ceilings."
Are We Experiencing the Pinnacle of This Mortgage Rate Cycle?
"Explore recent developments as mortgage rates align with the 10-year yield decline. Analyzing if the peak mortgage rates for the year have been attained."
Change Lending Retains CDFI Certification Following Accord with US Treasury
"Change Lending set to continue offering non-QMs to underserved borrowers following preliminary agreement with the Treasury Department. Stay updated on industry updates for private lenders."
Approximately 7% of Listed Houses Experienced a Price Reduction
"Discover new industry insights as nearly 7% of homes for sale posted a price drop - the highest on record. Stay informed with Weekly Real Estate News."