Reynolds Asset Management Purchases Two Cleveland Multifamily Properties for $30.6 Million

2025-06-04T12:09:32-07:00private lender servicing, private mortgage servicing|

Learn about Reynolds Asset Management's strategic acquisition of two multifamily communities in Cleveland, enhancing their portfolio with a $30.6 million investment.

Understanding the Impact of Loan Officer Coaching on Performance

2025-06-04T06:11:42-07:00private lender servicing, private mortgage servicing|

Explore the importance of coaching in the mortgage industry. Understand its role in enhancing performance and whether it's a necessity for success as a producer.

Mortgage Demand Declines on Memorial Day, Yet Yearly Gains Indicate Momentum

2025-06-04T06:02:07-07:00private lender servicing, private mortgage servicing|

Mortgage applications fell by 3.9% in a week impacted by the Memorial Day holiday, signaling shifting trends in borrower demand and market conditions.

Court dismisses insider trading lawsuit involving Rocket’s Dan Gilbert.

2025-06-03T12:15:04-07:00private lender servicing, private mortgage loan servicing|

Plaintiffs allege that chairman Dan Gilbert profited $500 million by selling company stock prior to Rocket's negative earnings report and outlook.

PennyMac and loanDepot issue senior notes in the debt markets.

2025-06-03T09:26:48-07:00loan servicing for private money lenders, private lender servicing|

PennyMac and loanDepot have issued senior notes to enhance operations and investments while addressing existing debt, signaling strategic financial management.

Mat Ishbia: GSEs’ Private Actions in Conservatorship Offer Dual Benefits

2025-06-03T05:51:22-07:00private lender servicing, private mortgage servicing|

Mat Ishbia, president and CEO of United Wholesale Mortgage, suggests that higher rates may deter the government from ending the conservatorship.

MISMO Reverse Mortgage Workgroup Chair Discusses Future Development Strategies

2025-06-02T04:50:23-07:00private lender loan servicing, private lender servicing|

MISMO's reverse workgroup views recent developments as a vital connection to advancing mortgage technology, highlighting its potential for industry innovation.

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