Sun West initiates lawsuit against FNB regarding reverse mortgage repurchases.
Sun West Mortgage Co. has initiated legal action against First National Bank of Pennsylvania over two reverse mortgages exceeding $850,000, involving Fannie Mae.
Enhancing Efficiency in Home Equity Turnaround Times
Homeowners are leveraging substantial equity, with 48 million mortgage holders averaging $213,000 in tappable value, presenting unique opportunities for private lenders.
7 Technologies That Power Scalable Private Lending Operations
These 7 technologies eliminate the back-office bottlenecks that stall private lender growth — from loan servicing software to automated compliance tracking.
NorthstarMLS Updates Board Structure and Adopts New Governance Model
The new governance model features a streamlined board of directors, predominantly comprising members from outside the real estate sector, enhancing diverse expertise.
Realtor.com Introduces 3D FlyAround Tool for Property Viewing
Discover a tool designed to enhance home shoppers' knowledge of a property's environment, aiding informed decisions before in-person tours.
Realtor.com to Launch FlyAround for 360-Degree Property Views
Discover how Realtor.com's new FlyAround feature enhances property listings with immersive 360-degree views, transforming the home-buying experience for lenders and buyers alike.
9 Technologies for Scaling a Private Lending Operation
Nine technologies — from automated loan servicing software to workflow automation platforms — remove specific bottlenecks in private mortgage lending. This guide breaks down each tool, its compliance implications, and whether to build it in-house or outsource it.
Federal Reserve Implements 25 Basis Point Rate Cut; Lenders Adjust Strategies
Monetary policy adjustments may lead to a December rate cut, potentially easing mortgage rates further and offering new opportunities for private lenders.
Sales of Newly Built Homes Reach Four-Year Low, According to Report
Builder caution in a buyer's market is impacting new project launches. Explore the implications of declining sales of newly built homes on private lending.
Redfin claims Compass seeks access to irrelevant privileged documents.
Compass aims to include Redfin in its ongoing legal dispute with Zillow, while Rocket's firm resists these developments. Implications for private lenders are notable.