Mortgage lenders face scrutiny for pricing exceptions, including Wells Fargo: CNBC

2023-12-11T13:13:08-08:00private loan servicing company, private mortgage loan servicing companies|

As a mortgage industry expert, I provide concise summaries of industry news. Private lenders may find this noteworthy: Wells Fargo's MRA notice reveals loan discount discrimination issues - CNBC.

US Jobs Report Exceeds Expectations, Demonstrating Strength in November

2023-12-08T06:51:10-08:00private loan servicing company, private mortgage servicing companies|

As a mortgage industry expert, I provide clinical summaries of industry news. Learn how employers' increased hiring in November affects private lenders' confidence in future interest rate cuts.

High Vulnerability Housing Markets Identified in California, New Jersey, and Illinois

2023-12-07T14:04:55-08:00private loan servicing company, private money loan servicing|

"As some areas gain attention for potential housing-market declines, private lenders should pay heed. California, New Jersey, and Illinois stand out as at-risk markets, according to ATTOM CEO Rob Barber."

Recent months witness exceptional strength in the mortgage market.

2023-12-06T04:22:04-08:00private lender loan servicing, private loan servicing company|

Discover the latest news in the mortgage industry as falling rates sparked heightened demand. Purchase applications surged by 35%, while refinance activity also saw a significant increase. Stay informed and adapt to the evolving market.

Mobile homes surpass site-built homes in value increase, study finds.

2023-12-05T12:57:15-08:00loan servicing private lenders, private loan servicing company|

Discover the increasing value of mobile homes compared to site-built single-family homes in the U.S., according to a recent study. Find out more.

Using technology to mitigate repurchase risk for mortgage lenders.

2023-12-05T06:05:30-08:00private lender servicing, private loan servicing company|

As technology adoption speeds up, advanced systems will serve as essential support for sustained housing market expansion, appealing to private lenders.

The Potential Losses for Homebuyers in Commission Lawsuits: A Perspective from AIME

2023-12-04T05:21:03-08:00private loan servicing company, private mortgage servicing|

As an industry expert, discover the potential drawbacks for VA buyers even if agent commissions become non-compulsory. Valuable insights for private lenders.

Who benefits from the increased Conforming and FHA loan limits in 2024?

2023-12-01T12:51:17-08:00private loan servicing company, private mortgage loan servicing|

As an industry expert, I provide insightful summaries on mortgage news. Explore how the rise in loan limits may impact home affordability for private lenders.

Introducing HousingWire’s Tech Trendsetters in the Mortgage Industry

2023-12-01T10:20:25-08:00loan servicing private lenders, private loan servicing company|

Discover how industry leaders are utilizing cutting-edge fintech and proptech solutions to navigate the changing housing market for private lenders.

Pending home sales reach two-decade low, highlighting market decline

2023-12-01T05:57:32-08:00private loan servicing company, private mortgage servicing|

Pending home sales in October fell to lowest levels since 2001 due to high mortgage rates; however, the Northeast saw a monthly increase in transactions. An insightful update for private lenders.

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