AARP Foundation Joins Class Action Against Reverse Mortgage Firms

2023-12-08T13:57:28-08:00loan servicing for private money lenders, private lender loan servicing|

Private lenders may be interested in a recent class action lawsuit filed against reverse mortgage companies alleging unlawful fees for appraisals, inspections, property preservation, and attorneys' fees or costs. Learn more.

Housing’s Role in Combating the Opioid Epidemic: Insights from HUD

2023-12-08T13:23:57-08:00loan servicing for private money lenders, private money loan servicing|

Explore the pivotal role of housing in combating overdose deaths, as emphasized in a joint letter by HUD, HHS, and the White House. Valuable insights for private lenders.

Leveraging Technology to Benefit from Declining Mortgage Rates

2023-12-08T13:15:44-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.

Safeguarding Private Lenders Against Widespread Mortgage Fraud

2023-12-08T10:30:32-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.

Proposed Legislation Seeks to Prohibit Hedge Funds from Owning Single-Family Homes

2023-12-07T13:19:59-08:00loan servicing for private money lenders, loan servicing private lenders|

Learn about a new bill proposed by Sen. Jeff Merkley to ban hedge funds from owning single-family homes, emphasizing housing for people rather than profit centers for Wall Street. Read more on Weekly Real Estate News.

Redfin Introduces AI-Enhanced Solution for Revamped Listing Photos

2023-12-07T13:03:35-08:00loan servicing for private money lenders, private mortgage servicing|

Discover how Redfin is revolutionizing the real estate industry with an AI-powered tool that enhances listing photos for a more appealing presentation. Get the details now!

Former NYC Prison to Transform Into Affordable Homeownership Community

2023-12-06T12:19:05-08:00loan servicing for private money lenders, private lender servicing|

Explore the transformation of a former NYC prison into an affordable homeownership complex in line with New York's vision to revitalize underutilized jails and prisons.

Fathom Realty to increase agent fees for enhanced earnings

2023-12-06T10:03:27-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

As a mortgage industry expert, I write unbiased industry news summaries. Learn how Fathom Realty plans to increase revenue through agent fee adjustments in 2024. Discover why private lenders might find this development intriguing.

Commission lawsuits filed in Florida and Pennsylvania highlight industry copycat claims.

2023-12-06T10:03:03-08:00loan servicing for private money lenders, private lender servicing|

As an expert in the mortgage industry, I provide summaries of industry news. Discover recent lawsuits alleging price-fixing of agent commissions by brokerages, MLSs, and Realtor associations, beneficial for private lenders.

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