PennyMac faces scrutiny following a 33% decline in stock value after earnings.
PennyMac's Q4 earnings fell short of expectations, leading to a 33% decline in stock value and the launch of a shareholder rights investigation.
Union Home Mortgage Appoints New VP for Manufactured and New Construction Lending
George Dover, ex-president of Cascade Financial Services, steps in as VP at UHM to enhance C2P initiatives and drive growth in manufactured housing lending.
Newrez Drives Profit and Servicing Expansion for Rithm Capital
Rithm Capital reported earnings of $567.2M, driven by strong performance from Newrez in originations, servicing, and non-QM production.
Hard Money Lender Cuts Reporting Errors by 80%, Boosts Investor Trust with Automated Servicing
How a Mid-Size Hard Money Lender Reduced Reporting Errors by 80% Using Automated Software Client Overview Lending Solutions Inc. (LSI) is a prominent, mid-size hard money lender based in the Southwestern United States. Specializing in private bridge loans, fix-and-flip financing, and opportunistic commercial real [...]
Private Lending Marketing ROI: Essential Metrics for End-to-End Profitability
Tracking Your Marketing ROI in Private Lending: Essential Metrics Tracking Your Marketing ROI in Private Lending: Essential Metrics In the dynamic world of private lending, where relationships often pave the way for successful deals, the art of marketing can sometimes feel more intuitive than [...]
Private Lenders: Navigating Rising Rates with Strategic Mortgage Servicing
Navigating Rising Interest Rates: A Private Lender's Playbook The financial landscape is ever-shifting, and few shifts demand as much attention from private lenders as a sustained period of rising interest rates. While traditional banks operate with vast compliance departments and established protocols, private lenders [...]
Trust Account Violations in Real Estate: Compliance and DRE Enforcement Insights
California DRE mandates strict compliance for trust account rules, holding brokers accountable for documentation, irrespective of intent or consumer impact.
Private Mortgages & Late Fees: Navigating Economic Downturns
The Impact of Economic Downturns on Private Mortgage Late Fees The Impact of Economic Downturns on Private Mortgage Late Fees Economic downturns cast a long shadow across many sectors, and the private mortgage market is certainly not immune. While institutional lenders have robust frameworks [...]
Sasha Jackson Appointed SVP of Market Structure at Housing Policy Council
Sasha Jackson, ex-Treasury official, appointed as SVP of Housing Policy Council to enhance housing finance policy and improve market transparency.
Loan-to-Cost (LTC): Driving Developer Success and Safeguarding Private Lending
Tracking Loan-to-Cost (LTC): A Developer's Best Friend, A Lender's Safeguard Tracking Loan-to-Cost (LTC): A Developer's Best Friend, A Lender's Safeguard In the dynamic world of real estate development and private mortgage lending, success hinges on meticulous planning, shrewd financial management, and a deep understanding [...]