California, Florida Housing Markets Reel from Insurance Carrier Exodus

2023-07-25T13:59:23-07:00loan servicing for private money lenders, loan servicing private lenders|

"Navigate the growing issue of insurability for clients with real estate agents on the front lines. Learn how the rising costs and premiums leading insurance carriers to abandon both Florida and California are affecting the mortgage industry."

The FTC Likely to Reach Settlement on ICE-Black Knight Merger.

2023-07-24T08:26:10-07:00loan servicing private lenders, private mortgage loan servicing companies|

"Private lenders can explore the impact of the recent divestiture of Black Knight's Optimal Blue on the Federal Trade Commission's weak case to oppose the ICE-Black Knight deal. Learn how this change of ownership will affect the industry from a prominent mortgage expert."

Delmar Mortgage launches Freddie Mac’s BorrowSmart Access Program.

2023-07-24T08:06:06-07:00loan servicing private lenders|

"Delmar Mortgage now offers its customers access to the BorrowSmart Access program in partnership with Freddie Mac! Home loan seekers can now take advantage of the cutting-edge technology and convenience of this program to help find the best mortgage for their unique needs. Get in touch with Delmar Mortgage today and let them help you get connected with a better home loan!"

Citywide Home Loans Resolves Data Breach Suit Worth $1.2 Million

2023-07-21T08:28:24-07:00loan servicing private lenders, private money loan servicing|

An experienced home loan provider has reached a settlement and agreed to pay $1.2 million after a data breach exposed sensitive customer information. Citywide Home Loans is set to resolve the class action lawsuit and take concrete action to ensure the safety of their customers' data.

Fair Lending Laws Must Adapt to Artificial Intelligence Advancements

2023-07-18T10:04:17-07:00loan servicing private lenders, private money loan servicing|

"Uncover the terrific potential of new technologies & how they can help while avoiding the risks of fair lending law violations according to The Federal Reserve Vice Chair for Supervision Michael Barr. Learn more now! "

CRMLS Launches REcenterhub Dashboard for Mortgage Professionals

2023-07-18T09:55:10-07:00loan servicing private lenders|

Discover the revolution in California real estate with REcenterhub. Shake up the market with powerful real estate insights and analytics tools that let you stay a step ahead in your business. Explore now to maximize opportunities with California Regional MLS.

Seattle-area residents lost billions in wealth due to racist housing policies: Study

2023-07-14T14:41:56-07:00loan servicing for private money lenders, loan servicing private lenders|

This expert report examines the policies that have depressed wealth for people of color pre-1889 and proposes new strategies for private lenders to consider. Learn the history of these predicaments through an in-depth analysis of the socioeconomic disparities and how to move forward.

NewFi Launches Correspondent Lending Channel for Non-QM Lending

2023-07-14T06:23:24-07:00loan servicing for private money lenders, loan servicing private lenders|

NewFi Lending, a Non-qualified Mortgage (Non-QM) lender, has launched a Correspondent Lending channel to help originators increase production volume. Starting now, take advantage of unparalleled access to multiple material vendors and products for all your lending needs.

Mortgage Rates Near 7%; Could Last Weeks More

2023-07-14T04:38:40-07:00loan servicing private lenders, private lender loan servicing|

Mortgage rates just hit a 3-week high, increasing as much as 15 basis points to 6.96%. Expert advice and insights from mortgage industry experts on ways to cope with the rate rise. Get the advice you need to make the most of the market and protect your financing.

Rent Prices Remain High Despite Slower Growth

2023-07-14T04:06:56-07:00loan servicing private lenders, private mortgage servicing companies|

Discover why housing rents remain relatively stable even in difficult economic times. Learn the concept of "downside sticky," as explained by Redfin Deputy Chief Economist Taylor Marr, and the implications for private lenders.

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