PrimeLending hires additional top-performing loan officers in Texas.
PrimeLending's new LOs achieve impressive $20M+ production volume YTD, highlighted by Modex, a mortgage tech platform. Valuable insights for private lenders.
Cenlar FSB and BaseCap Collaborate on Servicing Compliance Program
Cenlar FSB and BaseCap collaborate to optimize regulatory compliance and operational processes, empowering private lenders seeking growth and efficiency.
Concerns rise among homeowners regarding the rising expenses of flood insurance.
"Discover the rise in flood insurance costs and its impact on homeowners' affordability. Fannie Mae shares insights from a national flood survey."
loanDepot introduces advanced automated underwriting system for seamless loan approvals.
Introducing melloNow, loanDepot's advanced underwriting engine. Revolutionizing the lending process for private lenders in California. Explore today.
West Coast Faces Surge of Copycat Commission Lawsuits in Mortgage Industry
"Discover the latest lawsuit alleging collusion in the California real estate market, involving agent commissions and a major MLS. Get insights for private lenders."
Upright’s DSCR Rental Loan: Fintech Advancement in the Mortgage Industry
Upright, based in Cleveland, Ohio, introduces a new DSCR rental loan for investors. Discover how this debt service coverage ratio can benefit private lenders.
Redfin’s New Pay Plan Expands to Two Additional California Markets
Redfin expands pay plan to agents in Orange County and San Diego, following successful launch of Redfin Next, a notable development for private lenders.
Lawsuit Alleges Racial Discrimination at UWM in Ex-Employee’s Legal Action
Summary: A former account executive has made allegations of racial discrimination against United Wholesale Mortgage (UWM). Private lenders may find this news relevant and informative.
The Resilience of Home Prices Amidst High Mortgage Rates
Discover the latest news in the mortgage industry: Home prices soar, reaching record highs without crashing. Fewer homes are experiencing price cuts compared to 2022. Valuable insights for private lenders.
Record-breaking homebuyer challenges in 2023
As a mortgage industry expert, providing industry news summaries, my focus is on the current challenges faced by home buyers. Discover the impact of high mortgage rates, limited inventory, and soaring home prices, making 2023 the most unaffordable year for private lenders.