The appeals court concluded it lacked jurisdiction because the lower court’s dismissal functioned as an effective stay pending arbitration rather than a final, appealable judgment. By treating the dismissal as a procedural pause to allow arbitration to proceed, the appellate panel declined to take [...]
UWM reports VantageScore 4.0 yields more favorable credit results for 25% of its pipeline; share projected to reach two in five, relevant to private lenders
Gateway First Bank to acquire Colonial Savings, combining mortgage operations and expanding Texas banking footprint—implications for private lenders noted.
Rising inventory and reduced buyer competition signal price relief, creating private-lender opportunities in purchase, bridge and short-term financing now.
Student-loan matching by employers can close retirement gaps, offering private lenders avenues to support employee financial wellness and credit strategies
Mainstay has emerged as an independent company following its carve-out from Opendoor. The separation positions Mainstay to hone a standalone strategy, governance framework and capital structure while allowing its former parent to concentrate on marketplace operations. For mortgage industry stakeholders, the move suggests potential [...]
Lender widens nonwarrantable condo eligibility, revising underwriting and risk standards; expands private lending to formerly ineligible projects nationwide.
An Illinois judge has paused litigation by Zillow against Compass while the disputed matters proceed to arbitration. The court’s stay effectively halts the public lawsuit, shifting the immediate dispute-resolution pathway from the courthouse to an arbitral forum that policymakers and courts routinely prioritize when [...]
Private lenders: sensitivity near 7.0% mortgage rates raises pullback risk in Reno and shifts sentiment in Southwest Florida, affecting lending strategies.
Edgerton has assumed the chief executive role at CMLS, succeeding long‑time leader Denee Evans. The leadership change marks a pivotal management transition for the mortgage services firm, with immediate implications for strategic direction, board alignment and market confidence. Observers will watch how the new [...]
