HUD watchdog provides 35 recommendations for resolving concerns
As a mortgage industry expert, discover 35 key issues identified by HUD OIG for the department to address in a report submitted to the secretary. Relevant for private lenders.
Former executives from Wells Fargo and JPMorgan appointed as president of Mr. Cooper.
Mr. Cooper appoints industry veteran Mike Weinbach as new president, leveraging his extensive mortgage background at JPMorgan Chase and Wells Fargo. Exciting news for private lenders.
Increase in Mortgage Demand Reported by MBA
Despite a recent increase in mortgage rates, there was a significant surge in mortgage demand after accounting for the holiday period – appealing to private lenders.
CrossCountry Implements FICO Score 10 T for Non-Conforming Loans and MBS Issuances
"Discover how Cross Country Mortgage secures its position as an industry leader with their exclusive commitment to issuing MBS solely based on FICO Score 10 T."
Lawsuit filed against @properties by Illinois homebuyer alleges commission dispute.
As an industry expert, I provide insightful summaries on mortgage news. Discover Illinois' latest commission lawsuit filed by Homebuyer James Tuccori against @properties. Explore more here.
Luxury brokerage based in Austin joins Coldwell Banker.
Boutique luxury brokerage, Tate Property Group, recently partnered with Coldwell Banker, offering private lenders valuable opportunities.
Celink Stipulation in RMF Bankruptcy Case Approved by Bankruptcy Judge
"Learn how Celink and RMF settle their bankruptcy claim at a significantly reduced amount, impacting private lenders in the reverse mortgage industry."
Post-trial Motions Following Sitzer/Burnett Filing Deadline Stir Up Turmoil
As a mortgage industry expert, discover how Keller Williams and HomeServices of America strategically respond to the Sitzer commission suit in this informative news summary.
Kasper resigns as NAR President amidst blackmail threat.
As a mortgage industry expert, discover Kasper's encounter with threats regarding a personal matter and the potential impact on her position at NAR. Interesting insight for private lenders.
Piper Sandler predicts no major improvements for mortgage market in 2024.
Discover the potential impact on private lenders as Kevin Barker from Piper Sandler predicts that even with a 4% drop in mortgage rates, the median monthly payment remains 44% higher than pre-pandemic levels. Stay informed on industry trends.