Wells Fargo’s Q4 earnings fall short as mortgage profits decrease.
Wells Fargo reported $5.36B in Q4 net income, falling short of forecasts despite increased loan volume and reduced severance costs, raising concerns for lenders.
Wells Fargo reported $5.36B in Q4 net income, falling short of forecasts despite increased loan volume and reduced severance costs, raising concerns for lenders.
U.S. existing home sales increased 5.1% month-over-month, reaching 4.35 million, while inventory dropped 18.1%, signaling a tightening housing market.
Rithm Capital raises $250 million through Series F preferred stock at 8.75%, aimed at supporting investments and corporate objectives following significant acquisitions.
Private mortgage investment firms that service consumer-purpose notes inherit full TILA and RESPA compliance obligations with every acquisition, regardless of the note's origin. This guide covers the five core areas every compliant servicing framework must address - loan classification, written policies, servicing transfers, borrower communications, and loss mitigation.
Federal regulators are reshaping private lending technology requirements for 2025. Learn what CFPB, OCC, and FTC guidelines mean for private mortgage note servicers — and seven steps to build compliant, competitive operations before mandates solidify.
RESPA's Affiliated Business Arrangement rules apply directly to seller-financed private mortgage notes. Learn the three compliance requirements - written disclosure, free consumer choice, and bona fide service payments - and how AfBA violations put note enforceability at risk.
TILA's Right of Rescission gives borrowers three business days to cancel mortgage transactions secured by their primary residence. Private lenders who mishandle disclosures face an extended rescission window of up to three years. Learn when it applies, how the notice requirement works, and what practices eliminate rescission risk.
Integrated loan servicing gives private mortgage lenders a scalable operational foundation - automating payment processing, escrow administration, compliance reporting, and borrower communication on a single platform managed by specialists.
Venture capital is funding a new generation of private mortgage servicing automation platforms. Here is what private lenders, brokers, and note investors need to know about how this investment is raising servicing standards - and what it means when your portfolio is managed on an outdated system.
JPMorgan Chase reports a significant 29% rise in mortgage origination volume, signaling potential shifts in the mortgage lending landscape for private lenders.