Loan Repurchase Strategies Spur Debate in Mortgage Industry

2023-05-11T07:23:27-07:00private lender servicing, private money loan servicing|

IMBs are struggling to manage a rising tide of loan repurchase requests from GSEs amounting to a grave menace for their already stressed financial statements. Keep balance sheets safe with strategic solutions tailored to your specific needs.

Blend drives higher-than-expected Q1 revenues and reduces losses

2023-05-10T14:40:26-07:00private lender servicing, private mortgage loan servicing|

A mortgage industry expert reports the news: Blend Labs’ financial losses shrink in Q1 as the company works to improve mortgage business and boost Blend Builder platform. Learn more about the strategies that private lenders should adopt to benefit from the innovation boom.

Remove Title Exceptions: What To Do Next

2023-05-09T10:45:56-07:00private lender servicing, private mortgage loan servicing companies|

Meta Description: Learn more about the difficult and unpredictable process when title won't remove an exception item. Our experienced mortgage industry expert provides helpful advice and solutions to ease this stressful situation.

Senators Propose Bill to Increase Rural Home Affordability

2023-05-05T12:48:11-07:00private lender servicing, private mortgage loan servicing companies|

This new proposed bill seeks to reform the USDA's rural housing programs, making them more efficient, cutting red tape, and expanding the supply of affordable housing. Learn more about how this legislation could help provide more secure housing options for everyone.

NAHB Appoints James W. Tobin as President and CEO

2023-05-05T05:26:50-07:00loan servicing private lenders, private lender servicing|

"The NAHB Board of Directors recently appointed James W. Tobin to head their international association of 140,000 private lenders. Get the full story of this story in our latest mortgage industry update, crafted by an expert team of industry professionals."

Fidelity reports positive Q1 results due to layoffs.

2023-05-05T03:55:04-07:00loan servicing for private money lenders, private lender servicing|

"Fidelity's Q1 revenue of $2.474 billion was a decrease of 2% from the previous year due to a reduction in headcount. Learn more about the 2019 figures and their implications for the private lending industry from an expert."

Home Prices Rise as Demand Grows, Inventory Shrinks

2023-05-04T10:07:07-07:00loan servicing private lenders, private lender servicing|

"Homebuyer demand up while inventory declines, causing home prices to rise in March. Discover the implications for private lenders when you explore the full report!"

Finastra and Snapdocs Collaborate to Support Trustmark eClosings

2023-05-02T08:17:25-07:00private lender servicing, private mortgage loan servicing|

Snapdocs and Finastra have partnered to offer Trustmark a cutting-edge digital closing platform to transform its eClose processes. With this integration, Trustmark customers can enjoy a frictionless signing experience and make the home buying process simpler and more secure. Get the most out of Trustmark's eClosing transformation by leveraging Snapdocs and Finastra's Mortgagebot LOS. Easier. Faster. Safer.

DocMagic Enhances Library with ADA-Compliant Loan Documents

2023-04-28T16:38:44-07:00private lender loan servicing, private lender servicing|

The accessible digital documents from DocMagic provide disabled consumers the opportunity to participate in the broader mortgage market. The ADA-compliant documents are designed to unlock an array of options to give disabled consumers greater access to financial opportunities: convenience, speed, and reduced paperwork.

Institutional Investor Limitations in SFR Market

2023-04-28T17:24:22-07:00private lender servicing, private money loan servicing|

"Investors have begun to enter the single-family residential real estate market, but a lack of knowledge and institutional investor limitations could hinder success. Learn how to overcome these potential pitfalls and capitalize on this expanding market."

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