Equifax and Experian Lower VantageScore 4.0 Cost to 99 Cents Each
Equifax and Experian have lowered the cost of VantageScore 4.0 to 99 cents per mortgage origination score, a move that could benefit private lenders.
View Homes Appoints Natasha Gandhi as CEO to Propel Growth Forward
View Homes appoints Natasha Gandhi as CEO post-acquisition by Hunt Companies, marking a strategic growth phase that unites regional homebuilding and patient capital.
Existing-home sales rise as spring market challenges emerge.
Total inventory increased to 1.29 million units, reflecting a 2.4% rise from January and a 4.9% year-over-year gain, indicating market shifts for private lenders.
Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
An interest reserve is a pre-funded portion of a private mortgage note that covers interest payments while land development produces no revenue. Learn how reserves protect developer cash flow, keep notes performing for lenders and investors, and what servicers must do to administer them correctly.
A Private Lender’s SAFE Act Compliance Story
A new private lending firm building a residential note portfolio faced SAFE Act compliance exposure it had not anticipated. By transferring loan servicing to Note Servicing Center — a fully licensed, state-compliant mortgage servicer — the firm eliminated that regulatory exposure entirely, avoided penalties, and freed its team to focus on origination and investor relations without interruption.
Private Lenders: Avoid $250K SAFE Act Fines with Proactive Compliance Outsourcing
Private lenders who originate or service loans secured by residential real estate face SAFE Act licensing and NMLS reporting mandates that regulators enforce with severe daily fines, cease-and-desist orders, and license revocations. Outsourcing loan servicing to a compliant third-party servicer eliminates this exposure.
Mattamy Homes Purchases 76 Acres in South Carolina for Development
Mattamy Homes secures a 76-acre site in South Carolina for a new community, signaling growth opportunities in private lending and real estate development.
Impact of Rising Oil Prices on the U.S. Housing Market
Oil prices surged towards $120, impacting the 10-year yield fluctuations around 4.13%, while mortgage rates remained stable near 6.17%, signaling market dynamics.
Private Lenders: How Outsourcing Servicing Eliminates SAFE Act Risk and Drives Growth
Private lenders who outsource residential mortgage note servicing to a licensed servicer transfer SAFE Act compliance obligations away from their own staff - eliminating MLO licensing exposure and freeing the team to focus on origination and growth.