FTC Urges Judge to Reject ICE, Black Knight Constitutionality Claims

2023-05-19T08:57:15-07:00private lender servicing, private mortgage loan servicing companies|

alleges they exempt ‘rent-a-bank’ schemes from predatory lending safeguards. See the full details on the mortgage industry implications here. ICE, Black Knight's defenses against FTC's predatory lending violations found inadequate. Discover how this ruling has impacts on the mortgage industry and private lenders. Get the latest from a mortgage industry expert on all the implications.

Fix and Flip Market Struggles Amid Rising Financing Costs

2023-05-18T09:50:53-07:00private lender servicing, private loan servicing company|

Fix and flip profits margins are on the decline, despite the opportunities available to savvy investors. The lingering effects of the pandemic and the increased costs associated with it have largely be responsible for these losses. However, investors have still found ways to capitalize on the shifting market.

How Lender Bankruptcy Unfolded: Homepoint’s Post-Mortem

2023-05-16T09:35:34-07:00private lender servicing, private mortgage servicing|

Empower yourself with the facts about Homepoint's struggles—from its low capital, costly system, and foundational flaws in underwriting standards. Understand the issues to make informed decisions.

Rent Inflation Nearing its Peak, April Data Suggests

2023-05-11T07:18:45-07:00private lender servicing, private mortgage loan servicing companies|

An Understanding of April Inflation: 2021 YOY Statistics Reveal High Levels Despite Signs of Improvement - Discover how inflation figures are still higher than the Fed's target of 2.0%, as well as other important insights, as our private lending experts break down the latest economic data.

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.

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