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LoanDepot takes legal action against Movement for unauthorized recruitment of loan officers.
"LoanDepot accuses Movement Mortgage of damaging its business by 'effectively crippling' its 'now-depleted' branches. Discover the full story and the implications for the mortgage industry from mortgage experts."
Angel Oak Mortgage REIT issues Non-QM Securitization of $285M
This summary from Angel Oak Mortgage REIT provides key insights into a recent $284.5 million non-QM securitization. Learn about the "inflection point" this transaction created for the company, and what it could mean for private lenders.
PeerStreet Crowdfunding Bankruptcy Filing Confirmed
Facing the challenging mortgage market, Peer Street and its 14 affiliated debtors needed to raise capital to stay afloat. Learn how they sought out venture capital and ultimately filed for Chapter 11 bankruptcy protection. Read on to find out the secrets behind navigating a difficult financial landscape.
House Reps Pass Bill to Block Loan Level Price Adjustments
"U.S. House bill passes with bipartisan support. Private lenders can discover what this means for their industry in this exclusive summary. Get the analysis and insights you need to stay informed."
Former Chief Staff Slams Change Co. On Mischaracterizing Loans
Adam Levine Calls Out Nonbank Lender The Change Company for Alleged False Representations: Investigate the shockingly inaccurate false representations that were made by The Change Company when working with private lenders. Get informed to ensure your private lending goals are met with integrity.
Home Sales Increase in May, Up 12%.
Census Data Reveals 12.2% Increase in New Home Sales in April-May 2023 - Discover the Latest Findings from the National Nexus of Private Lenders.
Planet Closes $10B MSR Deal in Acquisition Mode
Planet Home Lending is a one stop shop for private lenders with its latest MSR deal, soaring past the $90 billion mark. Now offering a suite of programs with competitive rates & comprehensive services, PH is the top choice for loan products tailored to individual needs.
Southern Residents Suffer Higher Mortgage & Credit Costs: CFPB
Copy: Struggling consumers in the Southern US now face even tougher restrictions when trying to take out credit, with high interest rates. Get informed on the CFPB's recent updates, to ensure access to competitive rates.
Mid-Atlantic: 2nd Home & Investment Properties Becoming Hot Sellers
"Looking to invest in the Mid-Atlantic region? May's data reveals that second homes and investment properties made up 32% of real estate sales. Meanwhile, move-up buyers accounted for only 11% of sales - discover which types of properties are best for you."