City Lending to cease operations due to regulatory challenges and market shifts
City Lending Inc. is ceasing operations as mounting regulatory challenges and industry consolidation impact independent mortgage banks in Virginia.
Keller Williams launches updated Command platform for enhanced user experience.
Explore how the new Command platform enhances agent productivity with integrations of top proptech tools and AI, driving growth in the private lending sector.
Pending Home Sales Show Year-Over-Year Growth as Spring Approaches
Pending home sales increased by 4.6% year over year, with inventory at 700,259 units, while mortgage rates stabilized near 6%, signaling a dynamic market.
Dan Hultquist Discusses HECM Reforms and Engaging New Sales Talent
Reverse mortgage expert Dan Hultquist analyzes recent HECM reforms, emerging proprietary loan trends, and the impact of technology on industry expansion.
RateFi Launches Crypto Asset Integration for Mortgage Qualification
RateFi enables borrowers to utilize verified cryptocurrency as income and reserves for mortgage applications, eliminating the need for liquidation.
7 Critical Clauses Every Private Mortgage Agreement Needs for Late Fees and Notices Gallery7 Critical Clauses Every Private Mortgage Agreement Needs for Late Fees and Notices
loan servicing private lenders, private lender loan servicing, private mortgage loan servicing companies, private mortgage servicing companies
7 Critical Clauses Every Private Mortgage Agreement Needs for Late Fees and Notices
A private mortgage agreement needs seven specific clauses to make late fees enforceable and default notices legally valid. Learn what each clause must say and why vague language creates real enforcement risk.
New Home Sales Experience a 1.7% Decline in December
New home sales have declined by 1.1%, signaling potential shifts in market demand that private lenders should monitor closely for investment strategies.
Home Builders Seek Exemption on Materials Amid Proposed Global Tariff
Homebuilders urge for exclusion of materials from new tariffs following a Supreme Court ruling. This could impact construction costs and housing availability.
Trade Groups Advocate for Reduced MSR Capital Charges and Customized Risk Weights
Eight trade groups representing lenders are advocating for revisions to bank capital rules, seeking tailored risk weights for mortgages and reduced capital charges for servicing rights.
Zillow requests dismissal of consolidated RESPA lawsuit in Seattle.
Zillow seeks dismissal of a consolidated RESPA lawsuit, maintaining its agent and loan programs do not cause harm or involve illegal referrals.