FTC Mandates Nonbank Financial Institutions Report Data Breaches

2023-10-27T13:54:23-07:00loan servicing for private money lenders, private lender loan servicing|

This industry news summary provides expert analysis about the recent Federal Trade Commission requirement that nonbank lenders, such as mortgage brokers, must report data breaches and other security events. Learn more about what this increased oversight means for the mortgage industry.

MLS Broker Marketplaces Promote Homeownership Equity.

2023-10-27T08:58:43-07:00loan servicing for private money lenders, private money loan servicing|

This meta title provides valuable insight into how NAR President Tracy Kasper is advocating for consumer protection in local reals estate markets and how these rules are helping local MLSs succeed. Get Tracy's take on how the right regulations make for successful home transactions.

Mortgage Rates Increase Close to 8% According to Freddie Mac

2023-10-27T04:23:22-07:00loan servicing for private money lenders, private lender loan servicing|

Mortgage rates increased in the US this week, with the Treasury yield surpassing 5%. Learn how the rate hike impacts private lenders and what to expect from the mortgage market in the near future.

Mortgage Lender Homestar Financial Corp. Shuttering Retail Operations

2023-10-25T14:23:23-07:00loan servicing for private money lenders, private money loan servicing|

This article offers expert analysis of Homestar Financial's choice to suspend retail operations as a consequence of volatile mortgage markets and shrinking margins. Read to discover the implications of this bold move.

Rise in New Home Sales Despites Affordability Challenges

2023-10-26T09:57:06-07:00loan servicing for private money lenders, private mortgage loan servicing|

Discover the bright side of the mortgage market with news that new home sales exceeded projections in September! Despite mortgage rates at a 23-year high, declining mortgage applications and waning builder confidence, the sales pace of new homes picked up considerably. Learn how this could indicate renewed consumer confidence in the housing market.

Fewer buyers in Q3 lead to increased borrower down payments: Report

2023-10-25T12:14:38-07:00loan servicing for private money lenders|

"Do higher down payments mean fewer homebuyers? A closer look at Q3 data reveals borrowers making larger down payments in response to affordability pressures. Find out what this means for the industry and potential homebuyers."

Motion for Mistrial Filed in Intense Sitzer Trial

2023-10-25T12:04:06-07:00loan servicing for private money lenders, loan servicing private lenders|

The high-stakes Sitzer/Burnett commission lawsuit trial is full of drama, with ambush videos, prejudicial articles and more. Get an expert's analysis on why the mortgage industry is watching this case and what the outcome could mean for private lenders.

CoStar achieves 50th consecutive quarter of double-digit revenue growth

2023-10-25T05:39:48-07:00loan servicing for private money lenders, private mortgage servicing companies|

CoStar Group's commitment to excellence has enabled them to achieve 12% revenue growth for 50th consecutive quarter. This indicator of financial success is a testament to their continued dedication to providing reliable data and insights, allowing investors to maximize ROI.

CEO NAR Continues Testifying in Lawsuit Trial Defense

2023-10-25T05:00:11-07:00loan servicing for private money lenders, private lender servicing|

An experienced mortgage industry expert explains NAR's new Clear Cooperation rule and the commission lawsuit it is at the crux of. Discover how this new rule is the latest development in private lending for those interested in staying up to date.

Go to Top