Technology: An Obstacle, Not a Solution, in the Mortgage Industry

2024-10-28T04:13:04-07:00private money loan servicing, private mortgage servicing|

Discover why the costs of loan origination are on the rise despite new technologies, and whether the anticipated ROI from tech implementations is elusive.

MBA emphasizes urgent need for RESPA Section 8 reforms and modernizations

2024-10-25T04:07:21-07:00loan servicing for private money lenders, private money loan servicing|

Discover how RESPA Section 8 could impact private lenders and potential updates in a new MBA white paper. Stay informed on industry trends and regulations.

Survey finds majority support rent caps in mortgage industry.

2024-10-24T14:20:40-07:00private loan servicing company, private money loan servicing|

Explore how rent caps are gaining support among Democrats compared to Republicans in the latest survey findings. Learn more at Weekly Real Estate News.

Mr. Cooper’s profits decrease despite boost in origination business from lower rates

2024-10-23T10:38:19-07:00loan servicing private lenders, private money loan servicing|

Discover how Mr. Cooper Group capitalized on declining mortgage rates in 2024, with insights on origination gains and future expectations for private lenders.

Gibson plaintiffs challenge eXp’s settlement agreement over commissions.

2024-10-23T09:28:54-07:00loan servicing for private money lenders, private money loan servicing|

Stay informed on the latest developments in the mortgage industry - The Gibson plaintiffs aim to move the Hooper suit to Missouri for settlement approval.

Increasing mortgage rates are dampening the market despite growing inventory from sellers.

2024-10-22T12:37:38-07:00private loan servicing company, private money loan servicing|

Stay updated on the latest news in the mortgage industry as rates continue to increase, impacting both lenders and consumers.

Department of Justice files suit against Rocket and appraisal companies for alleged discriminatory practices

2024-10-22T04:28:00-07:00private money loan servicing, private mortgage servicing companies|

Industry news: Regulator sues Rocket Mortgage for allegedly undervaluing black homeowner's home in CO. Detroit-based lender responds to "massive overreach."

Down payment assistance programs expanding, with average $17K benefit

2024-10-21T14:08:10-07:00private money loan servicing, private mortgage loan servicing companies|

Stay informed on the latest trends in down payment assistance programs with Down Payment Resource's Homeownership Program Index report.

National Association of Realtors Faces Allegations of Antitrust Violations and Discrimination

2024-10-21T13:29:13-07:00private money loan servicing, private mortgage servicing companies|

Stay informed on the latest legal challenges in the real estate industry. Learn about a recent complaint filed against NAR, PAR, and GLVMLS.

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