CoreLogic reports low mortgage fraud risk in recent assessments.

2024-05-22T11:57:58-07:00private lender loan servicing, private mortgage loan servicing|

Stay informed on the latest trends in the mortgage industry. Mortgage fraud risk is showing a slight increase, but remains stable year-over-year.

Freddie Mac: Cost-effective Retail Lenders Lead the Industry with Exceptional Loan Production

2024-05-22T08:32:45-07:00private mortgage loan servicing, private mortgage servicing companies|

Stay informed on the latest industry news: Retail lenders saw a significant increase in the average cost to originate a loan, up 35% compared to Q4 2020.

Rocket Mortgage settles $3.5M lawsuit over unpaid employee overtime

2024-05-21T14:04:36-07:00private lender servicing, private mortgage loan servicing|

Learn about a recent settlement in the mortgage industry with $1 million designated for legal fees and $25 for qualifying class members.

VA introduces temporary solution for agent commission issue

2024-05-21T12:08:42-07:00private loan servicing company, private mortgage loan servicing|

Stay updated on industry news - VA set to release circular addressing policy ban on VA borrowers paying real estate agents. Ideal for private lenders.

Title insurers face significant financial burdens due to fraud and forgery claims.

2024-05-20T10:00:46-07:00loan servicing private lenders, private mortgage loan servicing|

Fraud and forgery cases are a major source of claims expenses for title insurers, making them a key risk for private lenders to consider.

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