Mr. Cooper Sues ACI for Damages Over Unauthorized Mortgage Payments
Mr. Cooper (Nationstar) Takes Legal Action Against Unauthorized Payments Vendor | Must Read for Private Lenders
Mortgage Rates Reach 20-Year High, Applications Decrease
"Learn how a decrease in mortgage applications following a Federal Open Market Committee meeting affects private lenders. Get the scoop on the trends defining cash-out refinance activity and more without the sales pitch."
Compass Acquires Quinn & Co. Realty Group in Madison
"Compass Private Lenders has established a new presence in Madison, Wisconsin. Learn about the company’s history, the services provided, and how it can help lenders navigate Wisconsin's mortgage industry."
New Homes in Short Supply: 76,000 Completed Units Ready for Sale
"Looking to buy a new home? Don't let COVID-19 stop you. Get the latest industry news and insights from our mortgage expert to make informed decisions. Discover how we can help you with pre-COVID levels of efficiency with 76,000 completed homes ready to move!"
– How It Effects Homeowners Mortgage Firm MV Realty Declares Bankruptcy: Impact on Homeowners
For private lenders seeking information on the Right-to-list agreement firm MV Realty, this meta describes its Chapter 11 bankruptcy filing across 33 states and any potential legal issues. Learn how this change could affect your investments and make educated decisions. Get the facts here.
Mortgage Rates Near Yearly High of 7.49%.
This week saw mortgage rates across the US surge, pushing them close to the yearly high. On average, mortgage rates began the week at 7.28%, peaked at 7.47%, and closed at 7.39%. Get current rates and expert advice to make the best decision for your home loan.
NAHREP Launches National Hispanic Construction Alliance
NAHREP, the National Association of Hispanic Real Estate Professionals, is launching a trade organization to provide Mexican construction businesses and workers access to capital. This initiative seeks to create sustainable job opportunities and financial stability for Latinos in the U.S. and their businesses. Join NAHREP to help make these dreams a reality.
Floify Launches Income/Employment Verification Tech for Mortgage Lenders
"Discover how Floify's new Verification of Income and Verification of Employment Waterfall Technology is revolutionising the mortgage origination process - quickly and cost-effectively streamlining the process for lenders and providing greater efficiency."
Indy Brokerage DPP Real Estate Joins Compass in SoCal
"Gain insight into the latest boutique brokerage's move to join Compass - DPP @ Compass. As a part of their partnership, the DPP Real Estate firm will be provided with recruiting efforts from Compass. Learn more about what this affiliation means for Compass and the potential implications for private lenders."
MSR Trading: Challenges Ahead Despite Positive Outlook for 2023
Improve the financial security of your mortgage portfolio with the latest industry insights. Follow our latest analysis of the MSR market, including bank portfolios, IMB dynamics, and trading volumes for private lenders. Get an informed summary and stay ahead, no matter the headwinds.