NAR Settlement Appeals Ongoing with Insight from Law Professor Tanya Monestier

2024-12-20T07:54:53-08:00private lender servicing, private mortgage loan servicing|

Monestier appeals a ruling regarding her motions to intervene and reconsider, impacting several objectors following a recent settlement approval in the Eighth Circuit.

Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates

2024-12-18T09:44:06-08:00private lender servicing, private loan servicing company|

Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.

Mortgage Demand for New Homes Declines While Market Remains Resilient

2024-12-17T10:09:57-08:00private lender servicing, private loan servicing company|

November saw new single-family home sales estimated at a seasonally adjusted annual rate of 713,000 units, highlighting trends beneficial for private lenders.

Outlook for First-Time Homebuyers in the Upcoming Housing Market

2024-12-17T06:37:47-08:00private lender servicing, private mortgage servicing companies|

Rising housing costs have made homeownership increasingly elusive for first-time buyers, highlighting challenges in today's economic landscape for private lenders.

Is AI poised to replace the role of the loan officer?

2024-12-17T04:26:15-08:00private lender servicing, private mortgage servicing companies|

Explore how AI is transforming the mortgage industry amidst concerns about job displacement, and discover why there's no need for alarm among loan officers.

DOJ Seeks Information on Alexander Brothers from Douglas Elliman

2024-12-16T14:10:11-08:00private lender servicing, private mortgage loan servicing|

Former brokerage struggles as DOJ probes Douglas Ellinon's ties to Oren and Tal Alexander, once prominent luxury brokers, following their downfall.

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