Freddie Mac Appoints Lillestolen VP of Targeted Affordable Housing

2023-08-30T14:37:07-07:00private lender loan servicing, private mortgage loan servicing companies|

This Mortgage Industry Expert has helped Freddie Mac's affordable housing goals exceed expectation in 2022. Now, he is proudly recognized as a 2023 Rising Star by HousingWire, making him a leader in the industry. Read the full story to learn more.

Exploring the Benefits of High Mortgage Rates

2023-08-30T07:50:15-07:00private lender loan servicing, private lender servicing|

An SEO-driven Description that Explores the Recent Mortgage Rate Spike - Private lenders take note: mortgage rates recently soared to their highest levels since 2022—reaching over 7%—and symbolizing a strong economy. Explore how the surge may affect the private sector and what to look for in the market for the remainder of 2023.

Flat-Fee vs. Traditional Real Estate Brokerage – Who Wins?

2023-08-30T03:48:38-07:00private lender loan servicing, private mortgage servicing companies|

An experienced Mortgage Industry Expert provides private lenders with summaries of real estate news. Learn the importance of agents in the industry & understand how they impact brokerage success. Get the advice you need to succeed in a competitive market.

Guild Mortgage Acquires First Centennial Mortgage.

2023-08-28T10:34:55-07:00private lender loan servicing, private money loan servicing|

Guild Mortgage, a retail lender, has acquired First Centennial Mortgage, a privately-held lender with 15 branches in 17 states. Guild's purchase will expand their presence in local markets, allowing for further growth in the purchase mortgage space. This acquisition benefits consumers with a larger selection of lenders in their local market and the ability todetermine the best option for their purchase mortgages.

Rapattoni’s MLS Services Resume After Cyber Attack

2023-08-23T14:05:27-07:00loan servicing for private money lenders, private lender loan servicing|

Rapattoni MLS Software Security Breach Overcome: Software Back Online for Private Lenders. After a crippling cyber attack earlier this month, Rapattoni, the multiple listings service software provider is back operational in multiple markets. Get the details on the security breach & how privacy & safety of private lender data is ensured.

Tom Ferry Offers Coaching Tips for Real Estate Recruiting

2023-08-23T13:43:46-07:00private lender loan servicing, private money loan servicing|

Mortgage industry experts predict a sustained and long lasting market, and thus it is more important than ever to ensure businesses create plans and strategies for their longevity and success. At the recent Tom Ferry Success Summit in Dallas, experienced coach Emily Kettenburg shared [...]

Mortgage Rates Rise Along With US Yields

2023-08-18T06:09:29-07:00loan servicing for private money lenders, private lender loan servicing|

"Mortgage rates continue to be influenced by the U.S. bond yields, which have hit their highest level since 2008. Analysts remain confident that the current turbulence in the market will not cause a debt crisis. Private lenders need to stay informed of the latest news and current trends in the industry in order to make educated decisions about mortgage rate investments."

IMBs average $534 loss per loan in Q2, a marked improvement from earlier in the year.

2023-08-18T03:53:50-07:00private lender loan servicing, private mortgage servicing|

This Quarter's Industry News: 58% of IMBs Profitable - Expert Advice for Private Lenders. Get exclusive insights and analysis from experts on how private lenders can make the most of the recent uptick in profitability among IMBs. Learn tips and strategies for successful mortgage investment decision-making today.

UBS Agrees to $1.4B Settlement Over RMBS Fraud Allegations

2023-08-14T13:55:37-07:00private lender loan servicing, private mortgage loan servicing|

"UBS AG has agreed to pay $1.43 billion in penalties for RMBS-related issues before the 2008 financial crisis. Learn more about the details of this settlement from a trusted mortgage industry expert & how it affects the private lending sector."

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