Despite a decrease in Q3 home flipping, profits have increased in the mortgage industry.

2023-12-14T12:27:11-08:00private mortgage loan servicing companies|

Discover the latest industry news for private lenders: Q3 saw a decrease in home flipping, but profits were up significantly with a typical profit margin of 29.8%. Read more at Weekly Real Estate News.

Compass to Eliminate COO Role Resulting in Greg Hart’s Departure

2023-12-13T13:56:26-08:00private mortgage loan servicing, private mortgage loan servicing companies|

Compass' COO Greg Hart to leave brokerage at year-end, as per SEC filing. Valuable insights for private lenders in the mortgage industry.

MBA and NMSA propose solutions for improving FHA’s loss mitigation choice.

2023-12-13T12:16:04-08:00private money loan servicing, private mortgage loan servicing companies|

"Leading trade groups advocate for FHA's enhanced 'payment supplement' loss mitigation plan in efforts to enhance opportunities for private lenders."

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.

Resurgence of 6% Mortgage Rates for Specific Borrowers

2023-12-11T12:19:59-08:00private lender servicing, private mortgage loan servicing companies|

Discover why stability and inventory are key factors for reinvigorating buyer demand, according to industry executives and loan officers. Learn more now.

Steps for Real Estate Agents to Improve Housing Affordability

2023-12-11T04:15:34-08:00private money loan servicing, private mortgage loan servicing companies|

As a mortgage industry expert, discover how real estate agents can combat unfair housing and preserve affordability in the market. Decode and interrupt its impact.

Leveraging Technology to Benefit from Declining Mortgage Rates

2023-12-08T13:15:44-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.

Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.

2023-12-08T12:42:53-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.

Safeguarding Private Lenders Against Widespread Mortgage Fraud

2023-12-08T10:30:32-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.

Additional local brokerages implicated in Georgia commission lawsuit.

2023-12-08T08:24:45-08:00private lender loan servicing, private mortgage loan servicing companies|

Discover the latest update in the Phillips commission lawsuit in Georgia, as multiple independent firms face allegations in the amended complaint. Insights for private lenders.

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