Pennymac to Acquire Cenlar, a Major Subservicing Company, for $257.5 Million
Pennymac's inaugural M&A deal enhances its mortgage servicing portfolio, acquiring 2 million loans and surpassing $1 trillion in unpaid principal balance.
The 10 Non-Negotiable Data Points Private Lending Investors Require for Funding GalleryThe 10 Non-Negotiable Data Points Private Lending Investors Require for Funding
loan servicing private lenders, private lender loan servicing, private mortgage loan servicing companies, private mortgage servicing companies
The 10 Non-Negotiable Data Points Private Lending Investors Require for Funding
Private lending investors require 10 specific data points before funding any deal. Learn what investors expect - from collateral valuation and lien position to compliance documentation and professional servicing infrastructure - and how Note Servicing Center helps private lenders present these consistently.
Fannie Mae reduces expenses and increases MBS purchases, yielding $14.4B profit.
Fannie Mae's reported profit of $14.4 billion highlights its role in providing $409 billion in mortgage market liquidity and expanding mortgage-backed securities purchases.
Bevri.ai Launches AI-Enhanced Point-of-Sale Platform
Revolutionize your mortgage processes with Bevri.ai's agentic AI POS, automating 1003 applications, document collection, and underwriting for efficiency.
Reverse Mastermind Summit Aims to Ignite a Renaissance for Loan Officers
Join industry leaders at The Reverse Mastermind Summit, where expert speakers share insights and strategies on reverse mortgages for private lenders.
7 Critical Documents for Private Lender Year-End Reporting
Year-end IRS reporting for private mortgage notes depends on seven categories of documentation. Here is what each one covers and why gaps in any of them create reporting problems that are expensive to fix after the fact.
Century Communities Launches Luxury Townhome Community in St. Augustine
Discover Century Communities' first luxury townhome development in St. Augustine, enhancing St. Johns County's housing offerings for private lenders.
Brokerages, including Hanna and Windermere, resolve home seller commission lawsuits.
Judge Bough approves $39.7M settlements for five brokerages, influencing 2.7M claims in a nationwide commission lawsuit, with implications for private lenders.
7 Critical Documents Every Private Lender Needs for Year-End Reporting
Private lenders need seven documents for clean year-end reporting: loan origination files, payment ledgers, escrow statements, IRS Form 1098, portfolio performance reports, correspondence logs, and the servicing agreement. Here is what each one covers and why it matters.
7 Must-Have Documents for Private Mortgage Year-End Reporting
Private lenders must assemble seven documents for IRS-compliant year-end reporting: Form 1098 interest statements, contractor 1099 forms, loan payment histories, escrow statements, original loan agreements, payoff and reconveyance records, and a regulatory audit trail. Here is what each one requires and why each one matters.