Education and problem-solving are essential for reverse mortgage transactions, agents note.
Two real estate agents discuss the HECM for Purchase program, sharing insights on its benefits and the success stories that highlight its effectiveness.
Enhancing Mortgage Servicing Through Automation with FICS Advantages
Discover how FICS’ Mortgage Servicer software enhances operational efficiency for private lenders by automating vital residential servicing tasks.
Charlotte Simonelli Discusses Financial Discipline and AI for 2025 Navigation
Explore insights from Charlotte Simonelli, CFO of Anywhere Real Estate Inc., on key trends influencing the housing market and private lending strategies.
New Mexico MLS Mandates Floor Plans for All Property Listings
New Mexico's MLS will mandate floor plans for every property listing, aligning with practices seen in countries like the UK and Australia. Learn more.
Reverse mortgage servicing protections may benefit Los Angeles borrowers.
A new safeguard in reverse mortgage servicing software aims to assist borrowers in Los Angeles, potentially preventing foreclosure and enhancing consumer protection.
GSEs postpone implementation of proposed ‘bi-merge’ credit transition.
The GSEs confirmed their transition timeline aligns with the retirement of the Classic FICO model, impacting private lenders and credit evaluations moving forward.
A&D Mortgage Purchases Mr. Cooper’s Wholesale and Correspondent Divisions
Mr. Cooper employees affected by transitions will have a chance to join A&D Mortgage post-transaction, fostering talent continuity in the mortgage sector.
HUD Nominee Plans to Optimize Budget If Confirmed
Scott Turner faced scrutiny during his Senate confirmation hearing, highlighting his potential priorities and approach as he aims to lead HUD.
Builder Confidence Sees Slight Improvement
Builder confidence is rising as 30% of builders reduce home prices by an average of 5%, signaling potential opportunities for private lenders.
Foreclosure Activity Declines by 10% in Recent Period
Foreclosure filings saw a notable decrease, with over 28,000 properties affected. Explore the implications for private lenders and market trends.